When is the submission deadline?

Submissions are due August 12, 2026. Questions must be submitted by July 29, 2026.

It was issued by Bcnet. The work is located in Vancouver, British Columbia, Canada.

Who is a good fit for this opportunity?

Chartered bank or regulated financial institution authorized to operate in Canada. Experience providing public-sector or institutional banking services. Strong online banking platform with ACH/EFT, wire transfer, and bulk payment capabilities. Ability to support payroll processing, vendor payments, and member account transactions. Secure digital banking portal with stop payment and account transfer functionality. Familiarity with business tax filing services and pre-authorized debit/payment processing. Capacity to deliver reliable daily banking services across British Columbia.

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Banking Services

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Overview

Financial, Legal, HR & Staffing

Vancouver, British Columbia, CanadaPosted: July 16th, 2026Deadline: August 12th, 2026

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SUMMARY

A government authority in British Columbia is requesting banking services for a one-year term. The scope includes daily banking, online and electronic payment processing, payroll and vendor EFT, wire transfers, tax filing access, and bulk payment file transfer.

KEY REQUIREMENTS

Must be a Chartered Canadian Bank or Credit Union
Must comply with security standards including PCI-DSS, CASL, FCAC, and PIPEDA
Must comply with Freedom of Information Protection of Privacy Act (FIPPA) policy and procedures
Must comply with BCNET Supplier Code of Conduct
Must comply with Workers Compensation Act Coverage
Must comply with insurance requirements of Section 9.3 of the Master Agreement
Must comply with Tax Verification requirements of Section 3.3 of the Master Agreement
Must be capable of serving BCNET Members through the entire Province of British Columbia

CONTRACT DURATION

60 months

TIMELINE

Issue Date: July 15th, 2026

Deadline for Questions: July 29th, 2026

Deadline for Issuing Addenda: August 5th, 2026

Intent to Bid Submission: August 12th, 2026

Submission Deadline: August 12th, 2026

Anticipated Ranking of Proponents/Evaluations completion: October 2026

Contract Negotiation completion: November 2026

Anticipated contract award(s): November 2026

QUESTION DEADLINE

July 29th, 2026

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

Bcnet

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A government authority in British Columbia is seeking a vendor to provide banking services under a one-year contract. The scope includes daily banking operations and support for a range of payment processing and account management functions.

Required services include accepting pre-authorized payments into members' accounts, accepting online banking payments, providing online banking for vendor payments, and enabling online transfers between members' accounts. The selected vendor must also support electronic funds transfer for payroll and vendors, e-transfer email payments, pre-authorized debit, wire transfers, business tax filing services, and file transfer for bulk vendor payments. In addition, the banking portal must provide accessible stop payment capability.

Questions regarding the solicitation must be submitted no later than July 29, 2026.

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Frequently asked questions

When is the submission deadline?: Submissions are due August 12, 2026. Questions must be submitted by July 29, 2026.
Who issued this RFP?: It was issued by Bcnet. The work is located in Vancouver, British Columbia, Canada.
Who is a good fit for this opportunity?: Chartered bank or regulated financial institution authorized to operate in Canada
Experience providing public-sector or institutional banking services
Strong online banking platform with ACH/EFT, wire transfer, and bulk payment capabilities
Ability to support payroll processing, vendor payments, and member account transactions
Secure digital banking portal with stop payment and account transfer functionality
Familiarity with business tax filing services and pre-authorized debit/payment processing
Capacity to deliver reliable daily banking services across British Columbia

Analysis generated by Settle AI from the source RFP.

RFP Hunter shows what is open. Settle shows what is forming.

Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

See how Settle works