--- title: "Global/Cross Border Outbound Payment Solution" ocid: "ocds-r6ebe6-0000760648" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000760648" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000760648.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000760648.json" source: "Public Contracts Scotland" current_stage: "Planning" buyer: "UNIVERSITY OF STRATHCLYDE" published: "2024-03-11" --- # Global/Cross Border Outbound Payment Solution Buyer: UNIVERSITY OF STRATHCLYDE Current stage: Planning OCID: ocds-r6ebe6-0000760648 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000760648) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000760648.json) ## Summary The University of Strathclyde, based in Glasgow, UK, is currently in the planning stage of a procurement process for a Global/Cross Border Outbound Payment Solution. The procurement, classified under the service category, is aimed at integrating an automated payment mechanism to facilitate outbound payments to multiple countries in multiple currencies. Interested parties must register their interest by 19th March 2024, with further market engagement planned until 15th April 2024. This tender by the University of Strathclyde offers business growth opportunities to providers of global payment solutions integrated with Unit4 Business World On. Businesses in the financial technology sector, particularly those with expertise in international payments, compliance with regulations, and strong customer support, would be well-suited to compete for this contract. The procurement process presents a chance for businesses to showcase their capabilities in providing secure and comprehensive cross-border payment services to meet the University's diverse global payment needs. ## Notice The University of Strathclyde requires an automated payment mechanism capable of integrating with Unit4 Business World On to make global outbound payments to multiple countries in multiple currencies. ### Lot Information Lot 1 The core service requirements for the contract are as below: - The supplier is required to provide a comprehensive global/cross-border outbound payment solution capable of integrating with Unit4 Business World On to University of Strathclyde to facilitate the transfer and accounting for all payments to our global suppliers including sundry suppliers. - The solution offered will have the ability to integrate and take data feed from Unit4 Business World On. - The supplier will be FCA regulated. - The supplier will ensure that the solution and systems provided to the university are compliant and in line with current industry standards. - The supplier will own the Intellectual Property rights for the solution and all associated software or be able to demonstrate continuity of supply. - The supplier will ensure, to the best of their ability, that the university receives an uninterrupted service and will ensure that they have support available. - The solution offered must be able to facilitate payments to multiple countries in multiple currencies including but not limited to the currencies listed below and will provide automated FX conversions: AED U.A.E Dirham AUD Australian Dollar BDT Bangladesh Taka BHD Bahraini Dinar BRL Brazilian Real CAD Canadian Dollar CHF Swiss Franc CNY Chinese Yuan (Renminbi) COP Colombian Peso CZK Czech Koruna DKK Danish Kroner EUR Euro FJD Fiji Dollar GBP Sterling Pound (GB) HKD Hong Kong Dollar HRK Croatian Kuna IDR Indonesian Rupiah INR Indian Rupee ISK Icelands Kronor JPY Japanese Yen KES Kenyan Shilling KRW Korean Won (South) MUR Mauritius Rupee MWK Malawian Kwacha MXN Mexican Peso MYR Malaysian Ringgits NOK Norwegian Kroner NZD New Zealand Dollar OMR Omani Rial Omani PLN Polish Zloty QAR Quatari Rial RUB Russian Roubles SAR Saudi Riyal SEK Swedish Kronor SGD Singapore Dollar THB Thai Baht TRY New Turkish Lira TWD New Taiwan Dollar USD US Dollar VND Vietnamese Dong XCD East Carribean Dollar ZAR South African Rand ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR500588 | | 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 | 11 Mar 2024 | | Submission deadline | Not specified | | Future notice date | 15 Apr 2024 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £40,000 | | 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 STRATHCLYDE | | Locality | GLASGOW | | Post town | Glasgow | | Postcode | G1 1XQ | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM3 West Central Scotland | | ITL 3 | TLM32 Glasgow City | | Local authority | Glasgow City | | Electoral ward | Anderston/City/Yorkhill | | Westminster constituency | Glasgow North East | | Delivery location | TLM82 Glasgow City | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66115000 - International payment transfer services ## Release History - 11 Mar 2024 at 00:00 - Planning - OJEU - F1 - Prior Information Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR500588 ## Documents - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR500588 Global/Cross Border Outbound Payment Solution - The University of Strathclyde requires an automated payment mechanism capable of integrating with Unit4 Business World On to make global outbound payments to multiple countries in multiple currencies. ## Notice URLs - http:// - http://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=760648 - http://www.strath.ac.uk/ - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000760648 ## 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-r6ebe6-0000760648. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000760648.json.