Title
Banking Services
Description
London Borough of Barnet requires a comprehensive money transmission banking service involving maintenance of numerous bank
accounts(including accounts for schools), handling of paper, BACS/Faster Payment and CHAPS clearing, cash processing and other
activities associated with local authority banking business. Credit facilities (i.e. overdraft facility, BACS limits, settlement risk limits) will
also be required. The Council will require an internet banking service for balance/transaction reporting and payment initiation.
The Council require a five year contract with extension option of 2 years.
Value of Contract
367500.00
Estimated Annual Value
Publication Date
15/10/2021
Listing Deadline
15/11/2021