Appointment of Main Banker and Financial Services for Cape Town.
City of Cape Town
In plain English
The City of Cape Town is seeking a main banker and other financial services for a 60-month contract. Eligible bidders may include registered companies, partnerships, joint ventures, or sole proprietors.
Always check the official documentDescription
The City of Cape Town is seeking a service provider for the appointment of a main banker and other financial services. The contract will run for 60 months, starting no earlier than 1 April 2028. The scope includes transactional banking, electronic payment validation, debt arrangement, and securities custody. Work will be performed in Cape Town. Key deliverables involve managing municipal accounts, cash centre services, and municipal bond advisory. Bidders may apply for one or multiple sections of the service. The project requires high-level financial expertise and regulatory compliance to manage the city's significant annual transaction volumes.
What you need to qualify
- CSD registration — Registration on the Central Supplier Database — required to do business with government.
- Tax clearance — A valid SARS tax compliance status (PIN) showing your tax affairs are in order.
- Letter of Good Standing — COID registration and a Letter of Good Standing from the Compensation Fund.
Full requirements
- Registered on CCT Supplier Database and National Treasury CSD
- Registered with SARB, FSCA, and as a bank under Banks Act
- Registered with STRATE and JSE
- Valid Tax Compliance Status PIN
- Audited financial statements for past 3 years for values over R10 million
- Proof of no overdue municipal service commitments
- Compliance with PCI Data Security Standards
- Public liability insurance (min R20 million), Motor Vehicle Liability, and COID registration
Contact & how to apply
Name: CCT Rep
Email: Finance.Tenders@capetown.gov.za
Phone: 021-400-0000
How to apply: Submit the completed tender document in a sealed envelope marked with the tender number, description, and box number (191). Deliver it to the Tender & Quotation Boxes Office, 2nd Floor, Civic Centre, 12 Hertzog Boulevard, Cape Town, by 10:00 am on 23 October 2026.
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