№ files_lp_3_process_9_45589
Specification detailing the requirements, scope, and operational standards for banking services to be provided to public sector bodies in Northern Ireland, including account types, transaction processing, online systems, and contract management.
Year: 2022
Region: Northern Ireland, UK
Subject: Banking services provision for public sector
Document Type: Framework Agreement and Specification
Issuing Authority: Department of Finance, Construction and Procurement Delivery (CPD)
Intended Audience: Northern Ireland Civil Service departments, agencies, and non-departmental public bodies
Duration: 5 years with optional extensions up to 9 years
Date of Commencement: 1 April 2022
Contract Scope: Provision of accounts, payments, receipts, online banking, local banking, and integration requirements
Financial Requirements: Tier 1 Capital Ratio compliance per BASEL Accord
Account Currencies: GBP, EUR, USD, and other client-requested currencies
Transition Requirements: Account setup hierarchy, naming conventions, and online access
Price: 8 / 10 USD
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