Awarded

Overseas Payment File Transmission Service to Citibank via Vocalink

Awarded 31 Mar 2024

View live tenders
Awarded31 Mar 2024
Value£91,200.00
RegionUnited Kingdom
CategoryIT & Software
Ended 7mo ago1y 12mo term
Awarded 31 Mar 2024Expired 30 Mar 2026

The Department for Work and Pensions awarded a contract to Vocalink International for the Overseas Payment Service (pass-through) (OPS) contract.

The service provided secure connectivity for the transmission of overseas payment files from the DWP estate to Citibank, the overseas bulk FX supplier, via Vocalink's infrastructure.

Vocalink is the sole supplier of the UK's Banker's Automated Clearing System (BACS), which is part of the National Critical Infrastructure.

The OPS facilitated the transfer of payment file information submitted via Vocalink to Citibank for processing, serving as a necessary step to separate the overseas file for collection and ongoing transmission.

The contract value was 91,200 AUD.

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