Tenders are being invited for the provision of day to day Banking Services and Merchant Services.

The University is seeking to develop efficient and cost-effective arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking for a relationship with an organisation in which it can be confident will fulfil all the University's current and future banking requirements.

It is important that any potential banking partner can add value through an effective dedicated corporate support team backed up by a proactive education sector specialist Relationship Director.

The following legal entities are involved in this tender: University of Westminster, Uniwest (Finance) Limited, Uniwest (Investments) Limited, Uniwest (Property) Limited, University of Westminster (Trading) Limited, WestInnovation Limited, UOW Regent Street Cinema Limited and the University of Westminster (International). The University administers the following Trusts and they are also included: Quintin Hogg Trust and Quintin Hogg Memorial Trust.

This tender is divided into two Lots and tenders can be submitted for both or a single Lot.

Lot One Is for the delivery of a comprehensive banking service including the maintenance of bank accounts, handling of paper/BACS/Chaps/Faster payments, cash processing and other activities associated with University banking business

Lot Two is for the provision of Merchant Services for processing, authorisation and settlement of the University's debit and credit transactions via all payment channels including: customer present (Chip and PIN), e-commerce and customer not present (Mail Order / Telephone Order).