Banking Services
About This Opportunity
Services contract award: Banking Services. By London Borough of Southwark in United Kingdom, finance & banking. Awarded to National Westminster Bank (GBP 640K.
This is a services contract in the finance and banking sector, with a focus on Banking. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 640,000.
Published through UK Contracts Finder, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.
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.. CPV: Banking and investment services (66100000). Procedure: Other -
Data provenance
This notice is sourced from UK Contracts Finder and was originally published on September 29, 2025. Last refreshed today. Reference: SOUTHWARK-DN791691-62184743. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About London Borough of Southwark
London Borough of Southwark has issued 68 procurement notices on BidsFactory, including 25 currently open and 34 awarded contracts. Activity concentrates in Governance & Public Administration, Health & Medical, and Information & Communication Technology. All notices are published for United Kingdom. Notices are distributed via UK FTS - Find a Tender Service and UK Contracts Finder. Most recent publication: May 18, 2026.
Frequently asked questions about this tender
Where will the contract be performed?
The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
How can I submit a bid?
Visit UK Contracts Finder to access the full notice, required documents, and submission instructions. Quote reference SOUTHWARK-DN791691-62184743 when communicating with the contracting authority.
Is this tender still open?
No — the contract has already been awarded to National Westminster Bank. The award notice is archived on BidsFactory for transparency and market intelligence.
Who is the contracting authority?
This notice was issued by London Borough of Southwark in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
What type of contract is this?
This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
How much was the contract awarded for?
National Westminster Bank was awarded the contract for £640,000. The figure reflects the value disclosed by the contracting authority in the award notice.
Find tenders like this automatically
Set up alerts and filters that match your business — never miss a relevant opportunity again.
Sectors & Categories
Key Details
Contracting Authority
Contact
Companies That Won Similar
Companies with awards in Finance & Banking in United Kingdom