The tender return address is:. The selected bidder shall execute a Service Level Agreement, which would include all the services and terms and conditions of the services to be extended as detailed herein and any other conditions as may be prescribed by the Bank. Outlining the requirements for SMCR and ascertaining gaps in each area with respect to Bank's current governance arrangements, including: State Bank of India, UK is inviting quotations for the appointment of an insurance broker to act on its behalf in connection with the forthcoming policy, pertaining to SBI UK Operations, which is due to expire on 23 rd January SBI has 18, branches in India.
State Bank Rewardz is the Enterprise - wide Loyalty Program for all State Bank customers that awards them with Reward Points for various transactions across many banking services.
How it works At State Bank Rewardz, we believe that you must be rewarded whenever you make use of State Bank products or services. You then redeem, i. Use only our genuine applications available on popular application stores as detailed below to communicate with the Bank: Merchant List for Online Payment.
E 7 or above"," Mozilla 3. You can now view your Freedom Rewards Loyalty Points: Select 'Freedom Rewardz' under the 'My Accounts' tab. Two tabs are displayed 'Loyalty Points' and 'Statement'. Default tab displayed is Loyalty Points. Corresponding to each account number, and point balance, a hyperlink 'Click here for last 10 transactions' is provided.
Welcome to the State Bank of India UK Limited I'm a personal business corporate customer I'm looking to open a new savings account open a new current account open a new NRI account transfer money open a fixed deposit account open a Jumbo Junior account take out a loan today's exchange rate open a business current account pay in to my account get a business loan open a Business Instant Access Savings Account get a trade service get a Central Treasury service arrange a syndicated loan take out a loan.
All our branches are open 7 days a week. Open your account to earn interest and transfer money to India any time. Talk to us about buy-to-let and commercial mortgages. Make your savings grow Looking for instant access or fixed-term options? Important During the transition process, we have identified that the 3rd and 4th digits of the IBAN shared with you earlier were incorrect. Free money transfer to India More about money transfers. Invest or refinance a buy to let mortgage Talk to us, we can help.
How to open an account with the State Bank of India Learn more. Today's exchange rate close. Set an exchange — rate alert. How to open an account. About Us About us. State Bank of India UK Limited are reducing interest rates on existing individual, business and child savings accounts.
For further details on the affected accounts, please visit the following link: If you have any questions regarding the rate changes, please visit your local branch or contact our customer services team on Please book an appointment for meeting with our NRI specialists on Your account is monitored for unusual activity to prevent fraud, so please tell us when you are traveling abroad, and when you are back in the UK to avoid having your debit card blocked for unusual foreign transactions.
Learn more through the debit card FAQs here Simple. We offer a range of Buy to let mortgage products. Please click here for more details. Learn more about Business Accounts that earn you interest. Therefore you are invited to submit a NEW tender with quotations for the following works: Tenders must be submitted directly to the Client and should bear no marking which indicate that the tender package has been sent by you.
The tender return address is: Part A must only contain the technical elements of the tender as scheduled in the preliminaries, with Part B containing only the commercial figures for the project. Should you have any queries or require further information regarding the technical aspects of the projects or this tender, please contact us on Email: The objective of this project is to restrict any insurance premium increases at review and to make savings for the Bank without compromising on the cover provided by the policies.
The tender is for Lenders Contingent Buildings Insurance. Following terms are used in the document interchangeably to mean: This document in its entirety is subject to Copyright laws. State Bank of India expects the bidders or any person s acting on behalf of the bidders to strictly adhere to the instructions given in the document and maintain confidentiality of information.
The bidders will be held responsible for any misuse of the information contained in the document and liable to be prosecuted by State Bank of India in the event of such a circumstance being brought to the notice of the Bank. By downloading the document, the interested party is subject to confidentiality clauses. The RFP document is not a recommendation, offer or invitation to enter into a contract, agreement or other arrangement in respect of the services.
The provision of the services is subject to observance of selection process and appropriate documentation being agreed between State Bank of India and any successful bidder as identified after completion of the selection process. Information Provided The RFP document contains statements derived from information that is believed to be reliable at the date obtained but does not purport to provide all of the information that may be necessary or desirable to enable an intending contracting party to determine whether or not to enter into a contract or arrangement with State Bank of India in relation to the provision of services.
Neither State Bank of India nor any of its employees, agents, contractors, or advisers gives any representation or warranty, express or implied as to the accuracy or completeness of any information or statement given or made in this RFP document. Neither State Bank of India nor any of its employees, agents, contractors, or advisers has carried out or will carry out an independent audit or verification or due diligence exercise in relation to the contents of any part of the RFP document.
For Respondent Only The RFP document is intended solely for the information of the party to whom it is issued " the Recipient " or " the Respondent " and no other person or organisation. Confidentiality The RFP document together with all other information, materials, specifications or other documents provided by State Bank of India shall be treated at all times as confidential by the Recipient and is not to be reproduced, transmitted, or made available by the Recipient to any other party.
The Recipient shall not disclose any such information, materials, specifications or other documents to any third parties or to any other part of the Recipients' group or use them for any purpose other than for the preparation and submission of a response to this RFP nor shall the Recipient publicise State Bank of India's name or the project without the prior written consent of State Bank of India.
Recipients shall ensure that all third parties to whom disclosure is made shall keep any such information, materials, specifications or other documents confidential and not disclose them to any other third party except as set out above.
Recipients must seek the approval of State Bank of India before providing to third parties any information provided in confidence by State Bank of India or its professional advisers and must maintain a register of all employees and third parties who have access to such information. If so requested by State Bank of India, Recipients must make such a register available for immediate inspection by State Bank of India or its duly authorised representatives.
The Recipient acknowledges that any such revised or amended document is received subject to the same terms and conditions as this original and subject to the same confidentiality undertaking.
The Recipient will not disclose or discuss the contents of the RFP document with any officer, employee, consultant, director, agent, or other person associated or affiliated in any way with State Bank of India or any of its customers, suppliers, or agents without the prior written consent of State Bank of India.
Disclaimer Subject to any law to the contrary, and to the maximum extent permitted by law, State Bank of India and its officers, employees, contractors, agents, and advisers disclaim all liability from any loss or damage whether foreseeable or not suffered by any person acting on or refraining from acting because of any information, including forecasts, statements, estimates, or projections contained in this RFP document or conduct ancillary to it whether or not the loss or damage arises in connection with any negligence, omission, default, lack of care or misrepresentation on the part of State Bank of India or any of its officers, employees, contractors, agents, or advisers.
Recipient Obligation to Inform Itself The Recipient must conduct its own investigation and analysis regarding any information contained in the RFP document and the meaning and impact of that information. Evaluation of Offers Each Recipient acknowledges and accepts that State Bank of India may, in its absolute discretion, apply whatever criteria it deems appropriate in the selection of organisations, not limited to those selection criteria set out in this RFP document.
The RFP document will not be construed as any contract or arrangement, which may result from, the issue of this RFP document or any investigation or review carried out by a Recipient.
The Recipient acknowledges by submitting its response to this RFP document that it has not relied on any information, representation, or warranty given in this RFP document. Copies of the RFP are submitted, subject to clause Submission is not by Fax transmission. State Bank of India will not consider any late responses to this RFP nor will it consider requests for extension of the time or date fixed for the submission of responses.
It may, however, in its own absolute discretion extend the time or date fixed for submission and in such an event State Bank of India will notify all Respondents accordingly.
After evaluation is completed, State Bank of India will retain copies of all responses to satisfy its audit obligations and for other purposes. The response to this RFP must be completed in English. The RFP shall be accepted by the Bank only in the original, and the same shall not be accepted if the required details are filled in photocopy of RFP document or sent through facsimile. The submission must contain all documents, information, and details required by this RFP.
If the submission to this RFP does not include all the information required or is incomplete or submission is through Fax mode, the RFP may in the sole and absolute discretion of State Bank of India be summarily rejected. All submissions, including any accompanying documents, will become the property of State Bank of India. Respondents are to provide evidence to substantiate the reasons for a late RFP submission.
It should be clearly noted that State Bank of India has no obligation to accept or act on any reason for a late submitted response to RFP.
State Bank of India shall not bear any liability to any person who lodges a late RFP for any reason whatsoever, including RFPs taken to be late only because of another condition of responding. SBI UK strongly encourages the interested firms to view this document to understand the background of the business. Any further questions or queries relating to the RFP, technical or otherwise, must be in writing only and should be addressed by email to: Respondents should invariably provide details of their email address es as responses to queries will normally be provided to the Respondents via email.
If State Bank of India in its absolute discretion deems that the originator of the question by email or during the presentation will gain an advantage by a response to a question, then State Bank of India reserves the right to communicate such response to all Respondents.
State Bank of India may in its absolute discretion engage in discussion or negotiation with any Respondent or simultaneously with more than one Respondent after the RFP closes to improve or clarify any response. Evaluation method and selection criteria The Technical bids of the respondents shall be evaluated based on the criteria mentioned in point no.
The commercial bids of the respondents qualifying the technical bid criteria shall be evaluated as per the criteria mentioned in point no.
Respondents may be invited to provide a presentation of their proposals as part of their response. Respondents may be contacted nearer the time with a specific date for their presentation to take place. Notification State Bank of India will notify the Respondents in writing as soon as practicable, whether the Respondent's RFP response has been accepted or rejected. State Bank of India is not obliged to provide any reasons for any such acceptance or rejection.
Timeframe The following is an indicative timeframe for the overall selection process. Contract to be signed in London, United Kingdom. State Bank of India reserves the right to vary this timeframe at its absolute and sole discretion should the need arise.
Changes to the timeframe will be relayed to the affected Respondents during the process. Dispute Resolution The Recipient and State Bank of India shall endeavour their best to amicably settle all disputes arising out of or in connection with the RFP in the following manner: The Party raising a dispute shall address to the other Party a notice requesting an amicable settlement of the dispute within seven 7 days of receipt of the notice. The matter will be referred for negotiation between authorized representative of State Bank of India and of the Recipient.
The matter shall then be resolved between them and the agreed course of action documented within a further period of 15 days. In case any dispute between the Parties, does not settle by negotiation in the manner as mentioned above, the same shall be resolved exclusively by arbitration and such dispute may be submitted by either party for arbitration within 20 days of the failure of negotiations.
Arbitration shall be held in London and conducted in accordance with the provisions of laws applicable for arbitration in England and Wales. The Arbitration proceedings shall be presided by the sole arbitrator appointed by State Bank of India. Professionalism The selected bidder should provide professional, objective and impartial advice at all times and hold the State Bank of India's interests paramount and should observe the highest standard of ethics while executing the assignment.
Execution of SLA The selected bidder shall execute a Service Level Agreement, which would include all the services and terms and conditions of the services to be extended as detailed herein and any other conditions as may be prescribed by the Bank. The contract shall be executed by the authorized signatory of the selected bidder. Project Scope A summary description of the envisaged scope is enumerated as under. However, State Bank of India reserves its right to change the scope of the RFP considering the size and variety of the requirements and the changing business conditions.
The Consultant shall be required to undertake to perform all such tasks, render requisite services and make available such resources as may be required for the successful completion of the entire assignment at no additional cost to the Bank.
The high level services as indicated in Para 3 will be covered under the scope of this RFP. Transfer of assets Tax Advice including detailing the consequences of transfer of assets and Tax Relief from branch to subsidiary 2. Capital Structure Advising on the capital structure of the subsidiary from Tax efficiency perspective, esp. No Workstream Details 1.
Commercial Bid Evaluation Criteria: The Consultants are required to provide the commercials Pricing based on assumption that the Consultant shall prepare the documents and policies and the Bank shall review the documents and policies. Quotes are needed for both the streams separately, preferably in the following format. The questionnaire is divided into the following sections: Services issues and technical capabilities. Please give their name, title, address and location, telephone number, fax number and e-mail address.
Please set out any key skills or employee dependencies and the availability of replacement skills in those areas. Please explain the organisational and management structure of your organisation including an organogram of your executive management and the roles and responsibilities of the management teams involved in relation to the services in the RFP.
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