Agreement for Banking Services

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About this contract

Banking Services - Tenderers for banking services need to be able to offer a diverse range of day-to-day banking services. This includes (but is not limited to) the provision of UK domiciled currency accounts, the provision of foreign currency accounts as required, exchange of small value foreign currencies and on-line banking facilities, deposit and borrowing solutions. In respect of deposits this should include a range of rates and options such as overnight deposit accounts and fixed term deposit rates. The banking system provided by the tenderer may need to be able to import or extract information and interface with third party solutions and providers such as Oracle, WPM, Unit 4 Business World and Flywire The University wants to ensure that its banking arrangements are both efficient and cost-effective and are capable of meeting future changes in the marketplace and technological advances. It is looking for relationships with an organisation in which it can be confident, and which will meet and often exceed user expectations. In line with this we require the ability to utilise self-service wherever possible and to be able to access reports and KPI information. The estimated value is the monies that will pass through / be paid out of the LJMU account during the life of the agreement.

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