Banking Services

London Borough of Southwark · awarded 24 September 2025 · delivered in England

£640k Award value £640,000
1 Supplier Recorded as a large business
30 Sep 2030 Runs until from 1 Oct 2025

Who

BuyerLondon Borough of Southwark London
Supplier National Westminster Bank
Categoryservices
ClassificationBanking and investment services CPV 66100000
Notice published29 September 2025

What it is for

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.

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