Provision of Corporate Banking Services
This is a contract result notice, not an open opportunity. Details from the official award data.
This is a large award for Business Services — above three-quarters of comparable contracts. Based on 57,319 valued Business Services tenders in our corpus.
The University of Southampton has a requirement for the provision of Corporate Banking and Merchant Card services.
The University requires a banking service which will include the provision and maintenance of bank accounts, income handling (including cash and cheques), a full range of payment processing options (including electronic bank transfer, both domestic and international, BACS and direct debit) and other services associated with higher education banking arrangements, including an electronic banking platform for payment initiation and balance/transaction reporting.
The University also requires the provision of Merchant Card services to support a full range of card payment options (to include virtual terminal payments, recurring card payments, web payments, DCC payments) through a variety of payment solutions (including contactless, chip and pin, wireless and mobile).
Merchant Card services provision would need to support the University's PCI DSS requirements and offer a suitable management information system for reporting purposes.
The University of Southampton is seeking to develop efficient and cost-effective banking arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations.
It is looking to build relationships with organisation/s in which it can be confident to deliver tangible value to the University.
What the supplier must deliver
The University also requires the provision
The University also requires the provision of Merchant Card services to support a full range of card payment options (to include virtual terminal payments, recurring card payments, web payments, DCC payments) through a variety of payment solutions (including contactless, chip and pin, wireless and mobile).
Merchant Card services provision would need
Merchant Card services provision would need to support the University's PCI DSS requirements and offer a suitable management information system for reporting purposes.
The University of Southampton is seeking
The University of Southampton is seeking to develop efficient and cost-effective banking arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations.
It is looking to build relationships
It is looking to build relationships with organisation/s in which it can be confident to deliver tangible value to the University.
Derived from the notice text — always confirm against the original documents.
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- OCID
- 253c5ed0-a8e4-4d91-a80e-009556759388
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- 17/PROF/10
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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