Banking Services - 1228
Framework Description
YPO's Banking Services framework (reference 1228) is a single-lot agreement for public bodies that need banking services such as account management and payment processing. Applications for this framework are closed, and it runs until 31 March 2030, with an option to extend by two further periods of 24 months each, which could take it to 2034.
Context & Use Case
Councils, schools, academies and other public bodies use it when their banking contract comes up for renewal. Moving a bank account is a large job, so buyers want a route where the bank's financial standing and compliance have already been checked, and where account management and payment services can be bought under one agreement.
Scope of Services
Banking services for public sector organisations Account management Payment processing
Lots
Single lot
Who Can Apply
Banks and other regulated providers of business banking services. Banks that are not appointed have no entry point until YPO re-procures. With two 24-month extension options, the next chance to get on is likely to be around 31 March 2030 or later.
Buyer Benefits
Public bodies can replace a banking contract without running a full tender of their own, which saves time on a complex specification. Banks on the framework have already been through YPO's selection, so buyers can focus on service model, charges and how the move between banks will be managed.
Next Steps
Banks on the framework should prepare for call-offs by setting out their service model, charges and transition support clearly. Others should look at the YPO 1228 page, note the 31 March 2030 end date and extension options, and start building public sector case studies for the replacement.
How Athena Can Help
For banks already on the framework, Athena's mini-competition bid support builds pricing models for transaction and account charges, scores your likely bid against rival banks and sharpens the account transition plan that buyers worry about most.
For providers preparing for the next round, our public sector bid strategy sets out the evidence buyers will look for and how to show social value. Our framework application specialists can also plan your route onto other financial services frameworks before then.
