- Country: USA
- Summary: Account Verification Services
- UST Ref No: 97071631
- Deadline: 14 Mar 2024
- Financier: Self Financed
- Purchaser Ownership: Government
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.: 6100059385
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- Description:
- Account Verification Services
Purchaser : Budget
Tender Number : 6100059385
Type : RFP
County : Dauphin
Publication date : 2/16/2024
Deadline : 3/14/2024 3:00:00 PM
Description : The Pennsylvania Fiscal Code was amended (Act of July 11, 2022 (Act No. 54, P.L. 540)) to include Section 301.5, captioned “Commonwealth Payment Security,” requiring the implementation and maintenance of electronic payment security standards consistent with national financial industry standards. The Act directs that, “the electronic payment security standards, measures and procedures required …. shall be designed to confirm and verify the existence, status, standing, maturity, and signatory authority of the banking account, authenticate account-ownership and control, and accurately identify the identity of intended payment counterparties, prior to the 4 initiationand completion of a payment to the account or against the account.”The provider-s solution shall be able to deliver a determination of the validity of a bank account and routing number. Specifically, the qualified Provider shall determine whether the financial data provided to Agencies, as the payee-s self-attested bank account information, is accurate, correct, valid, and matches the identity of the bank account owner/authorized signatory of the direct deposit bank account information provided (to include verification of pre-paid cards to the extent applicable).The provider-s solution shall include identity verif... - Documents:
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CLICK HERE TO LOGINAccount Verification Services - USA Tender
The BUDGET, a Government sector organization in USA, has announced a new tender for Account Verification Services. This tender is published on USARFP under UST Ref No: 97071631 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2024-03-14.
The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.
