RMCV 037 - Banking Services

The Council requires a money transmission banking service to include the maintenance of bank accounts, Faster Payments, BACS and CHAPS transaction processing and other services associated with local authority banking arrangements. An internet banking service for balance/transaction reporting and payment initiation will also be required. The Council is aiming to eliminate cash and cheque handling from its banking arrangements from the start of this contract. It is however possible that cash and cheques will still be...