# Banking Services

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [West Berkshire](/buyers/west-berkshire/contract-awards)
- Tender value: £400,000
- Published: 28 November 2019
- Planned start: 1 April 2020
- Planned end: 31 March 2025
- Stage: open_tender
- Procurement category: services
- Notice ID: 5c32fbdc-ad2b-40f6-9482-2ec4d4e09915-329055
- OCID: ocds-b5fd17-cbb8f62d-5ee0-4782-93d5-bf5ff360406a

## Description

The Council requires a comprehensive money transmission banking service involving maintenance of Council and school bank accounts, handling of paper, BACS and CHAPS clearing, cash processing and other activities associated with local authority banking business\. The Council and schools will require an internet banking service for balance/transaction reporting and payment initiation\. The Council proposes to enter into one Contract for a period of 5 years\. The Council will require the option to extend the contract for a further 5 years making the maximum contract period 10 years\. The anticipated service commencement date is 1st April 2020 Additional information: Register interest at https://in-tendhost\.co\.uk/westberks/aspx/Home Is a Recurrent Procurement Type? : No

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/5c32fbdc-ad2b-40f6-9482-2ec4d4e09915-329055)