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TfW Banking Services

Transport for Wales

Awarded
services
Wales

This tender has closed

The submission deadline for this contract has passed. There may be more active services tenders from Transport for Wales, and hundreds more across the UK public sector.

Key details

Contracting authority
Region
Pontypridd
Delivery: United Kingdom
Contract value
Not stated by buyer
Submissions closed
Not stated by buyer
Published
17 December 2024

Procurement

Procedure type
Open procedure
CPV classifications
  • 66110000 Banking services

What happened

Transport for Wales awarded this contract to HSBC UK BANK PLC on 5 Dec 2025.

Description

We are looking to procure a contract that will deliver the banking services required for Transport for Wales (TfW) and its subsidiary organisations.

TfW intends to award the contract by 1st April 2025. The new banking arrangements must be implemented and fully operational by 1st April 2026

Full 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

Awarded supplier

Supplier
HSBC UK BANK PLC
Award date
5 December 2025

Contact

Address
3 Llys Cadwyn, Taff Street, Pontypridd, CF37 4TH

Identifiers

Notice ID
040641-2024
OCID
ocds-h6vhtk-04c8d7

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External ID: fts-ocds-h6vhtk-04c8d7 • Added 6 August 2026