---
title: "Foreign Currency Payments Service"
ocid: "ocds-r6ebe6-0000557488"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000557488"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000557488.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000557488.json"
source: "Public Contracts Scotland"
current_stage: "Planning"
buyer: "UNIVERSITY OF EDINBURGH"
published: "2018-09-24"
---

# Foreign Currency Payments Service

Buyer: UNIVERSITY OF EDINBURGH  
Current stage: Planning  
OCID: ocds-r6ebe6-0000557488

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000557488)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000557488.json)

## Summary

The University of Edinburgh is seeking to procure a Foreign Currency Payments Service, as part of its planned procurement process. Located in Edinburgh, Scotland, this tender is currently in the planning stage. The projected date for future notices related to this tender is 1st November 2018. This procurement falls under the services category in the education industry and addresses the university's need to manage foreign currency transactions effectively.

This tender offers a significant opportunity for financial service providers with expertise in foreign currency management and payment systems. Businesses with capabilities in developing user-friendly platforms for currency payment processing, particularly those that can accommodate multiple financial codes and cater to diverse user needs, would be well-positioned to compete. As the university plans to handle a considerable volume of transactions, companies able to demonstrate reliability and compliance with the necessary legal frameworks will find this contract particularly advantageous for growth.

## Notice

The University of Edinburgh has a need to make payments in foreign currency on a regular basis. The currency payment system must allow for recording of financial codes needed to record the payments in the financial ledger.

### Lot Information

Lot 1

The University of Edinburgh has a need to make payments in foreign currency on a regular basis. The currency payment system must allow for the recording of financial codes needed to record the payments in the financial ledger. Payments are batched and processed twice weekly. Most foreign currency payments are processed via this method occasionally there is a need for payments to be made in a currency not supported via our system. In these instances payments are processed through the University's bank. The University has a large number of devolved users who require to enter data into the system, run queries and report on the transactions processed.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP332321 |
| Notice type | OJEU - F1 - Prior Information Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Planning |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Sep 2018 |
| Submission deadline | Not specified |
| Future notice date | 1 Nov 2018 |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Planned |
| Lots status | Planned |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UNIVERSITY OF EDINBURGH |
| Locality | EDINBURGH |
| Post town | Edinburgh |
| Postcode | EH1 1HT |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM1 East Central Scotland |
| ITL 3 | TLM13 City of Edinburgh |
| Local authority | City of Edinburgh |
| Electoral ward | City Centre |
| Westminster constituency | Edinburgh East and Musselburgh |
| Delivery location | TLM75 City of Edinburgh |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66115000 - International payment transfer services

## Release History

- 24 Sep 2018 at 00:00 - Planning - OJEU - F1 - Prior Information Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP332321

## Documents

- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP332321
  Foreign Currency Payments Service - The University of Edinburgh has a need to make payments in foreign currency on a regular basis. The currency payment system must allow for recording of financial codes needed to record the payments in the financial ledger.

## Notice URLs

- http://
- http://www.ed.ac.uk/schools-departments/procurement/supplying
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000557488
- https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=557488

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000557488. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000557488.json.