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CWC21109 Corporate Banking

Wolverhampton City Council Published 9 Nov 2021 Find a Tender

key details

Value£350,000
Statusactive
Category (CPV) 66000000
RegionWest Midlands
Deadline10 Dec 2021
Procedureopen
OCIDocds-h6vhtk-02f4ee

description

The Council invites tenders for the provision of banking services including:

5 main accounts with facilities including but not limited to sweep/pooling and full bank file collection of all daily transactions for import into our back office finance system that meets our specification
A group overdraft facility
An intra day limit
47 imprest accounts for schools and council services
cash (including loose cash) and cheque processing through our appointed cash in transit contractor to a cash/cheque processing centre
Consolidated and bulk cash facilities
Automated credit and debit facilities
Branch facilities for cheque encashment and occasional paying in
BACS bureau and SUN sponsorship and transaction processing
internet banking services for balance/group balance, transaction reporting, payment initiation including immediate/CHAPS and Foreign payments by a 2 level approval process, bank account statement export to reconcile with the file import for our back office system

Additional Requirements:

Bank accounts for 2 wholly owned companies, YOO Recruit and WV Living
2 bank accounts with third party administration assigned to the West Midlands Pension Fund
A payment of council bills solution by customer online banking settled by faster payment via integration with our own web payment platform, hosted through its own unique (additional) bank account with a full import of transactions in the bank file mentioned at 1.1 this account would also need to sweep to the main current account.
a virtual account with approximately 500 sub accounts for the saving for our young people in care until the age of 18
a main header account with 75 sub accounts for customers who we have been awarded Court of Protection

documents

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notice history

2 notices published against this procurement.

PublishedTypeRegimeNotice
9 Nov 2021 Contract notice (F02) Earlier regulations 028033-2021
9 Nov 2021 Tender (tender) · 2a7e450b-ba92-45ce-9b8d-c07c56bd8420-483910

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source

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