Procedure
Procedure as published: Other -.
Key facts
- Buyer
- London Borough of Southwark · Regional or local authority
- Supplier
- National Westminster Bank plc
- Value
- £640,000
- Procedure
- Other -
- Sector
- Financial & insurance services · Banking and investment services (CPV 66100000)
- Region
- London
- Official notice
- View on Contracts Finder
- Timeline
-
- Contract date24 Sep 2025
- Published29 Sep 2025Published 5 days after the contract date
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.
About the supplier
National Westminster Bank plc: every public contract they have won, plus their Companies House record (company 00929027).