# Bank Wizard Subscription

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [FINANCIAL SERVICES COMPENSATION SCHEME LIMITED](/buyers/financial-services-compensation-scheme-limited/contract-awards)
- Contract winner: [EXPERIAN LIMITED](/contract-winners/experian/public-sector-contract-awards)
- Award value: £35,750
- Tender value: £35,750
- Award date: 31 January 2023
- Published: 5 April 2023
- Contract start: 1 February 2023
- Contract end: 31 January 2024
- Stage: awarded
- Procurement category: goods
- Notice ID: be5a96d0-a033-4a7e-b29e-ef6e711ab442-632654
- OCID: ocds-b5fd17-1571ce37-c0d0-4dfd-9242-dd4718483e1a

## Description

Performs a modulus check to validate bank account and sort codes for all electronic payments\. Faster Payment module used to verify Faster Payments can be processed by the customers bank and validates the account\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/be5a96d0-a033-4a7e-b29e-ef6e711ab442-632654)