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BANKING-1076 - USA (Baltimore, Maryland) - RFI for Commercial Banking Services - Deadline October 12,2018

Posted Date        2018-10-05

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: BANKING-1076

Government Authority located in Baltimore, Maryland; USA based organization looking for expert vendor for commercial banking services.

[A] Budget: Looking for proposal

[B] Scope of Service:

(1) Vendor needs to provide commercial banking services for the centre’s for Medicare and Medicaid services to pay claims processed through Medicare administrative contractors (MAC) and demonstration project payments to the government authority located in Baltimore, MD.
A. The basic functions required of the banks for MACs claim processing include: communicating and coordinating with the MAC; drawing funds from Medicare trust fund using a letter of credit authorized by CMS in coordination, processing and paying electronic fund transfers (EFTs) and paper checks authorized by the MAC; providing on line access to the MAC for daily information, reconciling Medicare bank accounts, preparing reports, keeping records, providing customer services as well as implementation and closing activities.

[C] Eligibility:

- Onshore (USA Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.