Cash-Based Interventions Financial Services

Overview

Financial, Legal, HR & Staffing

Posted 15 days agoDeadline: May 10th, 2026

Fit Score

Settle Intelligence

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SUMMARY

Seeking a vendor to manage cash-based beneficiary accounts, card issuance, and controlled access for government financial interventions in New York.

KEY REQUIREMENTS

Must be a financially sound and duly licensed company
Must have adequate human resources, equipment, and expertise
Must comply with all applicable laws and regulations
Must maintain appropriate insurance coverage
Must not be included in the United Nations Security Council Consolidated List
Must not employ or support entities associated with terrorism
Must maintain strict standards of data confidentiality and security
Must provide a performance security if required

BUDGET

Estimate

$50,000 – $500,000

Issuing Agency

International Organization For Migration

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

The government authority in New York is seeking a vendor to provide financial services for cash-based interventions. The selected service provider will be responsible for creating a dedicated beneficiary account for each individual listed on the distribution list. Each account must be linked to both an ATM card and a debit card issued to the beneficiary.

Funds deposited into each account are to be accessible only to the relevant beneficiary and contingent upon an authentication process as laid out in the official instructional guide, encompassing procedures for both cash withdrawals and cashless payments. The provider's system should ensure secure, efficient distribution, and access to cash benefits for all beneficiaries in accordance with stipulated requirements.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.