Bank Charges for Transfers Outside Europe Related to Scholarship Payments
About This Opportunity
TranslatedThis tender pertains to the management of bank charges associated with transferring funds outside of Europe for the purpose of scholarship payments. The focus is on ensuring that the financial transactions are handled efficiently and cost-effectively, minimizing the expenses incurred during the transfer process. Key requirements may include the ability to process multiple transactions, compliance with international banking regulations, and the provision of competitive rates for currency exchange and transfer fees. The tender is relevant to educational institutions and organizations involved in scholarship programs that require international fund disbursement. It is crucial for bidders to demonstrate their expertise in handling cross-border transactions and their capacity to provide transparent reporting on the costs associated with these services. The location of the services is not specified, but the target beneficiaries are likely to be based in various countries outside Europe. Interested parties are encouraged to submit their proposals, detailing their qualifications and experience in managing similar financial services.
This is a services contract in the finance and banking, education and training and information and communication technology sectors, with a focus on Scholarships, Banking and anti-money laundering. Located in Portugal, Europe, this opportunity is open to firms and consortiums, with an estimated budget of EUR 100.
Published through base_gov_pt, 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
Original language: PortugueseThis tender pertains to banking expenses associated with international transfers outside of Europe, specifically related to the payment of scholarships. The contracting authority is based in Portugal, which is central to the tender's framework, as it will facilitate the management of financial transactions required for the disbursement of scholarship funds to recipients situated beyond European borders.
The procurement process aims to identify a qualified banking institution or financial service provider capable of efficiently handling these international transfers. Key requirements typically include the ability to process transactions in various currencies, competitive exchange rates, and low transaction fees, ensuring that the maximum amount of funds reaches the intended recipients. Furthermore, the selected provider should demonstrate a robust compliance framework to adhere to relevant financial regulations and anti-money laundering policies.
Additionally, bidders may be expected to showcase their experience in managing similar international banking operations, along with evidence of their capacity to deliver timely and reliable service. Expertise in providing transparent reporting on transaction fees and exchange rates is also crucial.
This tender is part of Portugal's commitment to supporting educational opportunities through scholarships, and it underscores the importance of secure and efficient financial transactions in facilitating this objective. Interested parties are encouraged to review the tender details on the official public contracts portal to understand the submission process and deadlines. The procurement process emphasizes transparency and competition, aligning with public sector best practices.
Data provenance
This notice is sourced from base_gov_pt and was originally published on February 20, 2026. Last refreshed today. Original language: Portuguese. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Instituto Politécnico do Porto
Instituto Politécnico do Porto has issued 130 procurement notices on BidsFactory, including 2 currently open and 115 awarded contracts. Activity concentrates in General Supplies & Services, Education & Training, and Health & Medical. All notices are published for Portugal. Notices are distributed via base_gov_pt and TED - Tenders Electronic Daily (EU). Most recent publication: May 21, 2026.
Frequently asked questions about this tender
Who is the contracting authority?
This notice was issued by Instituto Politécnico do Porto in Portugal. 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.
What is the estimated budget?
The estimated contract value is Up to €100. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.
Where will the contract be performed?
The contract is for delivery in Portugal. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
How can I submit a bid?
Visit base_gov_pt to access the full notice, required documents, and submission instructions provided by the contracting authority.
Is this tender still open?
No — the contract has already been awarded to Agência de Gestão da Tesouraria e da Dívida Públia-IGCP,EPE. The award notice is archived on BidsFactory for transparency and market intelligence.
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
Companies That Won Similar
Companies with awards in Finance & Banking in Portugal