Global/Cross Border Outbound Payment Solution

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