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Contract award record

Money Transmission Services - Lot 3

Notice details

Published
Category
services
Buyer region
London

Public buyer and contract winner

awarded to

Contract winner

CITIBANK N.A. LONDON BRANCH

Award value£55,020,000

  1. Awarded
    Completed
  2. Start
    Current phase
  3. End
    Upcoming

Work description

His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people.

Government Banking sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations.

To deliver the direct-to-bank model and facilitate payments in and out of Government, Government Banking contracts with commercial banks.

This contract will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector.

This Lot 3 contract has been awarded for an initial term of 8 years with four 12 months possible extension options.

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Source: Contracts Finder · Notice 0320988a-c9bf-48f3-803f-50d28723ef7a-856888

View source notice