Open competition
Open procedure: the contract was advertised and any supplier could submit a bid.
Key facts
- Buyer
- Transport for Wales · Body governed by public law
- Supplier
- HSBC UK Bank PLC
- Value
- £1
- Procedure
- Open procedure
- Sector
- Financial & insurance services · Banking services (CPV 66110000)
- Region
- Wales
- Official notice
- 027846-2026 on Find a Tender
- Timeline
-
- Contract date5 Dec 2025
- Published26 Mar 2026Published 111 days after the contract date
Description
We are tendering a banking services delivery partner to support Transport for Wales (TfW) and its subsidiary companies. TfW intends to award the contract by 1st April 2025 and the new banking arrangements must be implemented and fully operational by 31st March 2026. The contract will include full provision of money transition services – to include maintenance of bank accounts, cash and cheque handling, payment procession (domestic and international) and other services associated with public sector banking arrangements. An internet banking service for balance/transaction reporting and payment initiation will also be required.
About the supplier
HSBC UK Bank PLC: every public contract they have won.