Awarded contract

Banking Services

Details

Value
GBP 640,000
Duration
5 years
Topic
Banking and investment services
Published
29 September 2025

Tender description

This contract is for banking services which will support the financial operations of the council via the continued provision of a main bank account, subsidiary collection and sweep accounts, and specified school accounts. It will also support the council's safeguarding role with the provision of court of protection bank accounts. The contract will deliver core transactional banking arrangements, providing bank account structures to be used for outgoing payments such as creditor cheques, CHAPS, BACS, direct debits, standing order payments, balance requests, and the access to ancillary services such as system files for receipting income. It is a call-off from General Banking Services Framework NEPO 0531.

Timeline

  1. Completed: Award published29 September 2025
    Current notice
  2. Completed: Award date1 October 2025
  3. Next: Contract expiry date30 September 2030in 4 years

About the buyer

London Borough of Southwark is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 66100000 · Banking and investment services

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Decision makers

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