To become the provider of choice for banking services to the public sector.
The Government Banking Service provides cost-effective banking transaction services to its customers through contracts with Citigroup and Royal Bank of Scotland Group
Our customers make payments and collect receipts through their respective Citigroup and RBSG accounts.
All significant customer balances continue to reside at the Bank of England and they are held safely and securely within the 'Exchequer Pyramid'. Making these balances available to the National Loans Fund at the Bank of England each night helps to reduce the government’s borrowing costs.
For any general questions relating to Government Banking Service please contact: Helpdesk - Tel: 020 8929 2794