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The submission deadline passed on 9 Jan 2026, 0:00pm.
Description
The Student Loans Company (SLC)is a non-profit making government owned organisation that administers loans and grants to students in colleges and universities in the UK. We have 9.7 million customers, manage a loan book worth £260.8bn and manage the full end to end “apply, assess, pay and repay “process.
SLC is seeking a supplier to provide a repayment service for SLC customers, who live abroad ,that allows them to make low-cost repayments in the foreign currency of their choosing and for this to be quickly repaid to SLC in sterling. The service must capture all customer contact information and SLC customer reference number, these details to be captured for every transaction made and sent onto SLC to allow SLC to quickly identify the customer account to be credited.
For more information about this opportunity, please visit the Delta eSourcing portal at:
1 July 2026 – 30 June 2031 · may extend to 30 June 2033
Extension option
The period of the contract is five years with the option for two further 12 month extension periods, dependant on satisfactory service delivery and the continuing need for the services.
Procurement Details
Method
Open — any supplier may bid
Method Details
Below threshold - open competition
Route to market
Open competition
Main category
Services
Category
International payment transfer services
Delivery location
UKM8, UKL, UKC13
Buyer Reference
ocds-h6vhtk-05eb56
Legal Basis
Procurement Act 2023
CPV Codes
66115000 – International payment transfer services