Banking services

Tender description

Framework Contract for Banking Services. The Council requires the provision of bank accounts and currently maintains 13 accounts. This number may vary over the term of the contract. This includes for example, the following main bank accounts. General Account, Payroll Account, Debtors Account etc. The Council also maintains approximately 10 imprest accounts used by various departments/locations for petty cash. The bank accounts are maintained by associated bodies i.e. they hold non-Council funds. It is likely that a similar suite of bank accounts will be required for the new contract although precise requirements will be agreed during implementation. The Council may require instant access deposit accounts depending on credit interest rates proposed for current account balances. Processing Centre Deposits. Bulk Cash Withdrawals. Branch Deposits and Withdrawals. Credit Facilities. BACS. The Council and Associated Bodies also require. Settlement/Clearance. Statements/ Return of Vouchers. Cheque and Credit Books. Internet Banking Service. Reconciliation Data. Relationship Management and Query Handling. Implementation Planning. Please note that the associated weightings listed below will be applied to both lots. RLL currently maintains the following bank accounts: 1) Culture Account 2) RL Sport Account 3) Leisure Trading Account It is likely that similar bank accounts will be required for the new contract although precise requirements will be agreed during implementation. RLL may require instant access deposit accounts depending on credit interest rates proposed for current account balances. Processing Centre Deposits, Bulk Cash Withdrawals. Branch Deposits and Withdrawals. Credit Facilities. BACS. Settlement/Clearance. Statements/ Return of Vouchers. Cheque and Credit Books. Internet Banking Service. Reconciliation Data. Relationship Management and Query Handling. Implementation Planning. Please note that the associated weightings listed below will be applied to both lots.