C. Current Banking Arrangements and Requirements Cash, Liquidity and Money Transmission Providers should indicate in their Proposal how they would address the following points: Cash Pooling requirements. Please provide details of Notional and ZBA for Sterling cashpool. Use of balances set-off/ sweep to interest bearing accounts/treasury deposits – Ability to make salary and other bulk payments Account Reconciliation integration to back office banking reconciliation. – – Electronic banking services balance and transactions reporting payments – – execution (Faster Payments / SEPA / / international) and export to back office applications. Foreign exchange needs Provision of merchant services for debit and credit card transactions Asset Finance potential to offer funding for operating leases for equipment and – resources Relationship Management/Service Account Management Relationship Approach: – Providers should give the name of the account manager and that person’s experience and knowledge of the sector. Providers should indicate the level of assurance that can be given regarding continuity in the account management. Providers should indicate whether there would be a single point of contact for any operational queries that may arise on a day to day basis. How the Provider will keep BDAT informed of banking developments that could assist the businesses. Provision of help-desk facilities, Electronic Banking support.
C. Current Banking Arrangements and Requirements Cash, Liquidity and Money Transmission Providers should indicate in their Proposal how they would address the following points: Cash Pooling requirements. Please provide details of Notional and ZBA for Sterling cashpool. Use of balances – set-off/ sweep to interest bearing accounts/treasury deposits Ability to make salary and other bulk payments Account Reconciliation – integration to back office – banking reconciliation. Electronic banking services – balance and transactions reporting – payments execution (Faster Payments / SEPA / / international) and export to back office applications. Foreign exchange needs Provision of merchant services for debit and credit card transactions Asset Finance – potential to offer funding for operating leases for equipment and resources Relationship Management/Service Account Management – Relationship Approach: Providers should give the name of the account manager and that person’s experience and knowledge of the sector. Providers should indicate the level of assurance that can be given regarding continuity in the account management. Providers should indicate whether there would be a single point of contact for any operational queries that may arise on a day to day basis. How the Provider will keep BDAT informed of banking developments that could assist the businesses. Provision of help-desk facilities, Electronic Banking support.