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PROCUREMENT OPPORTUNITY

Money Transmission Services for Government Banking

HM Revenue & Customs · compiled

Tender information last checkedLast checked 29 Sept 2026, 19:10.

Opportunity overview

His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people. Government Banking (GB) sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations (hereafter referred to as "customers"). To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks. The contracts will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector( including the National Health Service).

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

National Westminster Bank PLC

Matched by number
Contract value
£166.8m
Awarded
Not supplied
Contract signed
17 Jun 2025
Award ID
043735-2025-1
Status
active
Identifier
GB-COH 929027
Location
London, UK, EC2M 4AA, United Kingdom

CITIBANK N.A. LONDON BRANCH

Match pending…
Contract value
£55m
Awarded
Not supplied
Contract signed
2 Jul 2025
Award ID
044535-2025-1
Status
active
Identifier
GB-COH BR001018
Location
London, UK, E14 5LB, United Kingdom

Lloyds Bank Plc

Matched by number
Contract value
£99.6m
Awarded
Not supplied
Contract signed
27 Jul 2025
Award ID
047871-2025-1
Status
active
Identifier
GB-COH 00002065
Location
London, UK, United Kingdom

Classification

  • CPV66110000 — Banking services
  • CPVS66110000-SA02 — For foreign exchange
  • CPV66170000 — Financial consultancy, financial transaction processing and clearing-house services
  • CPV66180000 — Foreign exchange services
  • CPV66600000 — Treasury services

Lots

  • House Bank A£99m
  • House Bank B£166m
  • Overseas Payments£69m

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
ocds-h6vhtk-044ac2
Status
complete
Has Recurrence
Yes
Procurement Method
selective
Main Procurement Category
services
Procurement Method Details
Restricted procedure

Covered By

GPA

Amendments

Entry 1
Id
1

Unstructured Changes

Entry 1

Where

Section
IV.1.1

New Value

Text
Restricted procedure

Old Value

Text
Open procedure

Legal basis

Id
32014L0024
Scheme
CELEX

Lot Details

Award Criteria Details
At the Award Stage Bidders may bid for one or multiple Lots, however, to provide additional resilience to the provision of the services the Authority has made a strategic decision that a single supplier shall not be awarded both House Bank Lots.
Maximum Lots Bid Per Supplier
9,999,999
Maximum Lots Awarded Per Supplier
2

Second Stage

Invitation Date
28 May 2024, 00:00

Tender Period

Ends
19 Apr 2024, 14:00

Classification

Id
66110000
Scheme
CPV
Description
Banking services

Submission terms

Languages

en

Bid Validity Period

Duration In Days
180

Submission Method

electronicSubmission

Participation Fees

Entry 1
Id
1

Type

document

Selection criteria

Criteria

Criterion 1
Type
suitability
Description
To progress through to the Award Stage, in addition to the standard Selection Stage criteria, participants must be able to confirm;   They are licensed and regulated by the Financial Conduct Authority

Applies To

supplier
Criterion 2
Type
technical
Description
Participants must have the capacity to manage the volumes to a similar order of magnitude to the current contract (indicative volumes will be provided as part of the tender documentation) Payment scheme participation status - it is a requirement that any bidders (including the prime bidder in a consortium bid, that being the entity with whom the Authority would have a direct contractual relationship):  for Lots 1 and 2 must be direct participants of Bacs, Faster Payments and ICS on or before the date of contract award.   for Lot 3, bidders must be direct participants of SWIFT on or before the date of contract award. Failure to conform with any of the above requirements will result in participants at Selection Stage failing to be invited to progress to the Award Stage.

Applies To

supplier

Additional Classifications

Entry 1
Id
66110000-SA02
Scheme
CPVS
Description
For foreign exchange

Lots and requirements

Entry 1
Id
1
Title
House Bank A
Status
cancelled
Has Options
Yes
Has Renewal
No
Description
His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people. Government Banking (GB) sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations (hereafter referred to as "customers"). To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks. The contracts will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector( including the National Health Service). The procurement was conducted via the Restricted Procedure.

Value

Amount
99,000,000
Currency
GBP

Options

Description
Four optional 1 year extensions.

Award criteria

Criteria

Criterion 1
Name
Technical Quality
Type
quality
Description
60
Criterion 2
Name
Social Value
Type
quality
Description
10
Criterion 3
Name
Price
Type
cost
Description
30

Contract period

Duration In Days
4,320

Submission terms

Variant Policy
notAllowed
Entry 2
Id
2
Title
House Bank B
Status
active
Has Options
No
Has Renewal
No
Description
Lot 2 - "House Bank B" covers general banking services, including Bacs, CHAPS, Faster Payments, Local Banking, Cheques and Spot FX. GB is seeking long term arrangements for MTS which are resilient, secure and able to move with industry changes. The following, non-exhaustive, list of banking services are in scope: • Account Provision; • Electronic Banking; • Payment Products • Reporting • Customer Support • Incident Management • Overlay Services Additional information: This requirement will be met by an eSourcing RFP using HMRC SAP Ariba. Please ensure you are registered with the HMRC SAP Ariba to gain access to the RfP documentation which will contain full details. If you are not already registered, the registration link is: http://hmrc.sourcing eu.ariba.com/ad/selfRegistration As part of the registration process you will receive a system generated email asking you to activate your SAP Ariba supplier account by verifying your email address. Once you Show less additional text have completed the activation process you will receive a further email by return confirming the 'registration process is now complete' and providing you with 'your organisation's account ID' number. If an email response from HMRC is not received within one working day of your request, please re-contact sapariba.hmrcsupport@hmrc.gsi.gov.uk (after first checking your spam in-box) confirming when your registration request was first made. Once you have obtained 'your organization's account ID' number, please email chloe.hobbs@hmrc.gov.uk and james.power1@hmrc.gov.uk and copy in e.procurement@hmrc.gov.uk and with your account ID number, you will then receive an e-mail confirming access. Please ensure to include all email addresses provided to make sure your interest is received. Further information about HMRC's procurement tool SAP Ariba, Suppliers Guide and general information is available on the HMRC website: www.hmrc.gov.uk/about/supplying.htm. If you have already registered on SAP Ariba then you may also need to re-register on HMRC's SAP Ariba in order to be added to the event.

Value

Amount
166,000,000
Currency
GBP

Contract period

Duration In Days
4,320

Submission terms

Variant Policy
notAllowed
Entry 3
Id
3
Title
Overseas Payments
Status
active
Has Options
No
Has Renewal
No
Description
Lot 3 - "Overseas Payments" covers regular and one-off Spot FX not covered by Lots 1 and 2 (i.e., Exotics), ACH network services and FX advisory services. Additional information: This requirement will be met by an eSourcing RFP using HMRC SAP Ariba. Please ensure you are registered with the HMRC SAP Ariba to gain access to the RfP documentation which will contain full details. If you are not already registered, the registration link is: http://hmrc.sourcing eu.ariba.com/ad/selfRegistration As part of the registration process you will receive a system generated email asking you to activate your SAP Ariba supplier account by verifying your email address. Once you Show less additional text have completed the activation process you will receive a further email by return confirming the 'registration process is now complete' and providing you with 'your organisation's account ID' number. If an email response from HMRC is not received within one working day of your request, please re-contact sapariba.hmrcsupport@hmrc.gsi.gov.uk (after first checking your spam in-box) confirming when your registration request was first made. Once you have obtained 'your organization's account ID' number, please email chloe.hobbs@hmrc.gov.uk and james.power1@hmrc.gov.uk and copy in e.procurement@hmrc.gov.uk and with your account ID number, you will then receive an e-mail confirming access. Please ensure to include all email addresses provided to make sure your interest is received. Further information about HMRC's procurement tool SAP Ariba, Suppliers Guide and general information is available on the HMRC website: www.hmrc.gov.uk/about/supplying.htm. If you have already registered on SAP Ariba then you may also need to re-register on HMRC's SAP Ariba in order to be added to the event.

Value

Amount
69,000,000
Currency
GBP

Contract period

Duration In Days
4,320

Submission terms

Variant Policy
notAllowed

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UK
Entry 2
Region
UK
Entry 3
Region
UK
Entry 4
Region
UK

Additional Classifications

Entry 1
Id
66110000
Scheme
CPV
Description
Banking services
Entry 2
Id
66170000
Scheme
CPV
Description
Financial consultancy, financial transaction processing and clearing-house services
Entry 3
Id
66180000
Scheme
CPV
Description
Foreign exchange services
Item 2
Id
2
Related Lot
2

Delivery locations

Entry 1
Region
UK

Additional Classifications

Entry 1
Id
66110000
Scheme
CPV
Description
Banking services
Entry 2
Id
66170000
Scheme
CPV
Description
Financial consultancy, financial transaction processing and clearing-house services
Entry 3
Id
66180000
Scheme
CPV
Description
Foreign exchange services
Entry 4
Id
66600000
Scheme
CPV
Description
Treasury services
Item 3
Id
3
Related Lot
3

Delivery locations

Entry 1
Region
UK

Additional Classifications

Entry 1
Id
66110000
Scheme
CPV
Description
Banking services
Entry 2
Id
66170000
Scheme
CPV
Description
Financial consultancy, financial transaction processing and clearing-house services
Entry 3
Id
66180000
Scheme
CPV
Description
Foreign exchange services
Entry 4
Id
66600000
Scheme
CPV
Description
Treasury services

Buyer, suppliers and contacts

Organisation 1
Id
GB-FTS-75846
Name
H M Revenue & Customs

Roles

buyer

Address

Region
UK
Locality
LONDON
Postal Code
SW1A2BQ
Country Name
United Kingdom
Street Address
100 PARLIAMENT STREET

Details

Classifications

Entry 1
Id
MINISTRY
Scheme
TED_CA_TYPE
Description
Ministry or any other national or federal authority, including their regional or local subdivisions
Entry 2
Scheme
COFOG
Description
Direct & Indirect Taxes

Identifier

Legal Name
H M Revenue & Customs
No Identifier Rationale
notOnAnyRegister

Contact

Name
James Power
Organisation 2
Id
GB-FTS-92411
Name
HM Revenue & Customs

Roles

reviewBody

Address

Locality
Salford
Country Name
United Kingdom

Identifier

Legal Name
HM Revenue & Customs
Organisation 3
Id
GB-FTS-155939
Name
HM Revenue & Customs

Roles

buyer

Address

Region
UK
Locality
Salford
Postal Code
M35BS
Country Name
United Kingdom
Street Address
Trinity Bridge House

Details

Classifications

Entry 1
Id
MINISTRY
Scheme
TED_CA_TYPE
Description
Ministry or any other national or federal authority, including their regional or local subdivisions
Entry 2
Id
04
Scheme
COFOG
Description
Economic affairs

Identifier

Legal Name
HM Revenue & Customs
No Identifier Rationale
notOnAnyRegister

Contact

Name
Fintan Bradley
Organisation 4
Id
GB-COH-929027
Name
National Westminster Bank PLC

Roles

supplier

Address

Region
UK
Locality
London
Postal Code
EC2M 4AA
Country Name
United Kingdom
Street Address
250 Bishopsgate

Details

Scale
large

Identifier

Id
929027
Scheme
GB-COH
Legal Name
National Westminster Bank PLC
Organisation 5
Id
GB-FTS-95947
Name
HM Revenue & Customs

Roles

reviewBody

Address

Locality
Manchester
Country Name
United Kingdom

Identifier

Legal Name
HM Revenue & Customs
Organisation 6
Id
GB-FTS-140123
Name
HM Revenue & Customs

Roles

buyer

Address

Region
UK
Locality
London
Postal Code
SW1A2BQ
Country Name
United Kingdom
Street Address
100 Parliament Street

Details

Classifications

Entry 1
Id
MINISTRY
Scheme
TED_CA_TYPE
Description
Ministry or any other national or federal authority, including their regional or local subdivisions
Entry 2
Id
04
Scheme
COFOG
Description
Economic affairs

Identifier

Legal Name
HM Revenue & Customs
No Identifier Rationale
notOnAnyRegister

Contact

Name
Fintan Bradley
Organisation 7
Id
GB-COH-BR001018
Name
CITIBANK N.A. LONDON BRANCH

Roles

supplier

Address

Region
UK
Locality
London
Postal Code
E14 5LB
Country Name
United Kingdom
Street Address
Citigroup Centre, Canada Square, Canary Wharf

Details

Scale
large

Identifier

Id
BR001018
Scheme
GB-COH
Legal Name
CITIBANK N.A. LONDON BRANCH
Organisation 8
Id
GB-FTS-156321
Name
HM Revenue & Customs

Roles

reviewBody

Address

Locality
London
Country Name
United Kingdom

Identifier

Legal Name
HM Revenue & Customs
Organisation 9
Id
GB-COH-00002065
Name
Lloyds Bank Plc

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Id
00002065
Scheme
GB-COH
Legal Name
Lloyds Bank Plc
Organisation 10
Id
GB-FTS-138250
Name
HM Revenue & Customs

Roles

reviewBody

Address

Locality
London
Postal Code
SW1A 2BQ
Country Name
United Kingdom
Street Address
100 Parliament Street

Identifier

Legal Name
HM Revenue & Customs

Award information

Award 1
Id
043735-2025-1
Title
Money Transmission Services House Bank B
Status
active

Suppliers

Supplier 1
Id
GB-COH-929027
Name
National Westminster Bank PLC

Related lots

1
Award 2
Id
044535-2025-1
Status
active

Suppliers

Supplier 1
Id
GB-COH-BR001018
Name
CITIBANK N.A. LONDON BRANCH

Related lots

1
Award 3
Id
047871-2025-1
Status
active

Suppliers

Supplier 1
Id
GB-COH-00002065
Name
Lloyds Bank Plc

Related lots

1

Contracts and changes

Entry 1
Id
043735-2025-1
Title
Money Transmission Services House Bank B
Status
active
Award ID
043735-2025-1
Date Signed
18 Jun 2025, 00:00

Value

Amount
166,800,000
Currency
GBP
Entry 2
Id
044535-2025-1
Status
active
Award ID
044535-2025-1
Date Signed
3 Jul 2025, 00:00

Value

Amount
55,020,000
Currency
GBP
Entry 3
Id
047871-2025-1
Status
active
Award ID
047871-2025-1
Date Signed
28 Jul 2025, 00:00

Value

Amount
99,600,000
Currency
GBP

Recorded locations

  • Buyer location · Salford · UK · M35BS · United Kingdom
  • Delivery location · UK

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-044ac2-2025-08-12T11:26:02+01:00compiled ·