NEPO531 General Banking Services

The NEPO solution for the provision of General Banking Services will operate as a multi-supplier Framework Contract. It is envisaged that the solution will be used to 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, foreign currency, commission charges and associated interest payments.

Alongside these core transactional services, the solution will include ancillary services which sit outside the core contract such as receipt accounts to receive payments, rent allowance accounts for benefit payments, wage accounts for staff salary payments, petty cash and imprest accounts and treasury deposits.

Each Contracting Authority will require the ability to manage all account facilities and related services via a secure Online Banking Platform.

2 extension option(s) available, 0 taken; up to 48 months in total

Option: 24 months, from 2028-03-14, to 2030-03-13, Extension 1

Option: 24 months, from 2030-03-13, to 2032-03-13, Extension 2