Money Transmission Services - Lot 1
H M Revenue & Customs
This tender has closed
The submission deadline for this contract has passed. There may be more active services tenders from H M Revenue & Customs, and hundreds more across the UK public sector.
Key details
Procurement
- 66110000 Banking services
- 66170000 Financial consultancy, financial transaction processing and clearing-house services
- 66180000 Foreign exchange services
What happened
H M Revenue & Customs awarded this contract to LLOYDS BANK PLC worth £99,600,000 on 25 Jul 2025. The contract runs until 27 Jul 2037.
Description
His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people.
Government Banking sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations.
To deliver the direct-to-bank model and facilitate payments in and out of Government, Government Banking contracts with commercial banks.
This contract will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector.
This Lot 1 contract has been awarded for an initial term of 8 years with four 12 months possible extension options.
Awarded supplier
Contact
Identifiers
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External ID: cf-ocds-b5fd17-05c21b3e-636a-45fc-b496-d77b32f93d4e • Added 3 October 2026