Skip to content
SkimSkim home
AwardedUnited KingdomServices£55,020,000Add to pipeline

Money Transmission Services - Lot 3

Awarded to CITIBANK N.A. LONDON BRANCH, NATIONAL WESTMINSTER BANK PLC

H M REVENUE & CUSTOMS(buyer)

Published
Published 30 January 2023
Deadline
Closed 3 September 2024

Tender documents

Skim pulls every file the buyer attaches to this process and extracts the requirements from it.

Documents as they publish

Specification, evaluation criteria, pricing schedules and every requirement — extracted, searchable and mapped to your response.

View tender files

Overview

HM Revenue & Customs has awarded a money transmission services contract (Lot 3) to Citibank N.A. London Branch and National Westminster Bank PLC for £221.82 million. The contract, which runs for an initial 8-year term with four optional 12-month extensions, will enable direct-to-bank payment processing for over 600 government and public-sector organisations across the UK.

Contracting authority

Find the key decision makers

The people who scope, score and sign this contract — names, roles and how to reach them.

Key details

Country
United Kingdom
Status
Awarded
Category
Services
Estimated value
£55,020,000
Procedure
Selective
SME suitable
No
Published
30 January 2023
Deadline
Closed
Classification (CPV)
Banking servicesFinancial consultancy, financial transaction processing and clearing-house servicesFinancial transaction processing and clearing-house servicesForeign exchange servicesTreasury services

Award outcome

Awarded value
£221,820,000
Award date
2 July 2025
Contract period
3 July 2025 → 3 July 2037
Winners
  • CITIBANK N.A. LONDON BRANCH
  • NATIONAL WESTMINSTER BANK PLC

Contract ending soon? Skim tracks incumbents and flags recompetes early. Start for Free to set up alerts.

Notice history

Every published notice in this contracting process, newest first.

  1. Award Update

    31 July 2025

  2. Award Update

    31 July 2025

  3. Contract Award Notice

    29 July 2025

  4. Award Update

    29 July 2025

  5. Award Update

    28 July 2025

  6. Award Update

    18 July 2025

  7. Contract Award Notice

    17 July 2025

  8. Contract Notice

    20 March 2024

  9. Prior Information Notice

    30 January 2023

Get the full picture

AI analysis, bid scoring, and expert strategy for this tender

Skim analyses every tender against your company profile and tells you whether to bid, how to win, and who you are up against.

How to win this tender

Skim reads the notice and every document attached to it, scores the fit against your company profile for a clear bid or no-bid call, then drafts each answer from your own evidence and past bids. You review, refine and submit — on time, with every requirement covered.

See exactly how Skim’s agents do this →

Comparing platforms? Skim is set against the alternatives for pre-tender intelligence, tender management software and bid management software.

Find tenders like this before your competitors do.

Skim scans every portal daily and scores each tender against your profile. Start for free and see the tenders you are missing.