Global/Cross Border Outbound Payment Solution

Description

The University of Strathclyde requires an automated payment mechanism capable of integrating with Unit4 Business World On to make global outbound payments to multiple countries in multiple currencies. Lot 1: The core service requirements for the contract are as below: - The supplier is required to provide a comprehensive global/cross-border outbound payment solution capable of integrating with Unit4 Business World On to University of Strathclyde to facilitate the transfer and accounting for all payments to our global suppliers including sundry suppliers. - The solution offered will have the ability to integrate and take data feed from Unit4 Business World On. - The supplier will be FCA regulated. - The supplier will ensure that the solution and systems provided to the university are compliant and in line with current industry standards. - The supplier will own the Intellectual Property rights for the solution and all associated software or be able to demonstrate continuity of supply. - The supplier will ensure, to the best of their ability, that the university receives an uninterrupted service and will ensure that they have support available. - The solution offered must be able to facilitate payments to multiple countries in multiple currencies including but not limited to the currencies listed below and will provide automated FX conversions: AED U.A.E Dirham AUD Australian Dollar BDT Bangladesh Taka BHD Bahraini Dinar BRL Brazilian Real CAD Canadian Dollar CHF Swiss Franc CNY Chinese Yuan (Renminbi) COP Colombian Peso CZK Czech Koruna DKK Danish Kroner EUR Euro FJD Fiji Dollar GBP Sterling Pound (GB) HKD Hong Kong Dollar HRK Croatian Kuna IDR Indonesian Rupiah INR Indian Rupee ISK Icelands Kronor JPY Japanese Yen KES Kenyan Shilling KRW Korean Won (South) MUR Mauritius Rupee MWK Malawian Kwacha MXN Mexican Peso MYR Malaysian Ringgits NOK Norwegian Kroner NZD New Zealand Dollar OMR Omani Rial Omani PLN Polish Zloty QAR Quatari Rial RUB Russian Roubles SAR Saudi Riyal SEK Swedish Kronor SGD Singapore Dollar THB Thai Baht TRY New Turkish Lira TWD New Taiwan Dollar USD US Dollar VND Vietnamese Dong XCD East Carribean Dollar ZAR South African Rand