{"id":20294,"date":"2022-01-20T21:59:03","date_gmt":"2022-01-21T02:59:03","guid":{"rendered":"https:\/\/projectcalls.com\/dev?p=20294"},"modified":"2022-01-20T17:35:15","modified_gmt":"2022-01-20T22:35:15","slug":"banco-popular-becomes-the-primary-bank-for-govt","status":"publish","type":"post","link":"https:\/\/projectcalls.com\/dev\/banco-popular-becomes-the-primary-bank-for-govt\/","title":{"rendered":"Banco Popular becomes the primary bank for gov\u2019t"},"content":{"rendered":"

British Virgin Islands<\/p>\n

\u00a0<\/p>\n

Cabinet has said Banco Popular de Puerto Rico is the primary bank for the Government of the Virgin Islands and any transactions undertaken by the government will be through that financial institution.<\/p>\n

This was indicated in a post-Cabinet decision document released on December 23.<\/p>\n

\u201c[Cabinet also said] the tender process for the procurement of a joint Banking Service and Payment Gateway Processor Service for the Government of the Virgin Island\u2019s revenue collection be waived for a period of three years,\u201d the document stated.<\/p>\n

It noted that discussions between the government and Banco Popular started due to a good relationship that developed over the years.<\/p>\n

\u201cNegotiations for the joint Banking Service and Payment Gateway Processor Service commence with Banco Popular and Evertec, Inc, respectively, due to the existing relationship with both vendors and for business continuity,\u201d the document said regarding the government\u2019s decision to use Banco as its primary bank.<\/p>\n

The government also negotiated rates charged by Banco Popular for Banking Service and Evertec, Inc for Payment Gateway Processor Service and it will be submitted to Cabinet for further approval.<\/p>\n

The rates negotiated was not disclosed in the document.<\/p>\n

Meanwhile, Cabinet has instructed the Ministry of Finance and the Attorney General\u2019s Chambers to draft the agreements between the government and Banco Popular and Evertec Inc, on completion of the negotiations.<\/p>\n

Recently, the government entered into a half-million-dollar contract with an entity referred to as \u2018Premier Group\u2019 for the configuration and implementation of a payment gateway.<\/p>\n

The payment gateway is expected to provide access to all government services for revenue collection.<\/p>\n

\u00a0<\/p>\n

More\u00a0<\/a><\/p>\n

\u00a0<\/p>\n

Image: pexels-expect-best<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

British Virgin Islands \u00a0 Cabinet has said Banco Popular de Puerto Rico is the primary bank for the Government of the Virgin Islands and any transactions undertaken by the government…<\/p>\n","protected":false},"author":1091,"featured_media":20295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[250],"tags":[75,110,224],"class_list":["post-20294","post","type-post","status-publish","format-standard","has-post-thumbnail","category-articles","tag-british-virgin-islands","tag-contracting","tag-project"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/01\/pexels-expect-best-351264-scaled.jpg?fit=2560%2C1427&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6u9Qa-5hk","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":20291,"url":"https:\/\/projectcalls.com\/dev\/cabinet-waives-tender-on-500k-contract-for-govt-payment-gateway\/","url_meta":{"origin":20294,"position":0},"title":"Cabinet waives tender on $500K contract for gov\u2019t payment gateway","author":"Mayra Bonilla Lopez","date":"January 20, 2022","format":false,"excerpt":"British Virgin Islands \u00a0 The government has entered into a half-million-dollar contract with an entity referred to as \u2018Premier Group\u2019 for the configuration and implementation of a payment gateway. According to a Cabinet most-meeting statement released yesterday, December 23, the payment gateway is expected to provide access to all government\u2026","rel":"","context":"In "Articles"","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/08\/pexels-cytonn-photography-955394-scaled-e1644524676129.jpg?fit=1025%2C684&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/08\/pexels-cytonn-photography-955394-scaled-e1644524676129.jpg?fit=1025%2C684&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/08\/pexels-cytonn-photography-955394-scaled-e1644524676129.jpg?fit=1025%2C684&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/08\/pexels-cytonn-photography-955394-scaled-e1644524676129.jpg?fit=1025%2C684&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":4977,"url":"https:\/\/projectcalls.com\/dev\/cdb-approves-usd50-million-to-restore-economic-stability-build-resilience-in-bvi\/","url_meta":{"origin":20294,"position":1},"title":"CDB approves USD50 million to restore economic stability, build resilience in BVI","author":"Michele Marius","date":"March 29, 2018","format":false,"excerpt":"The Board of Directors of the Caribbean Development Bank (CDB) has approved a USD50 million (mn) loan to the Government of the British Virgin Islands. The funds will support efforts to restore economic stability and build resilience following the passage of Hurricanes Irma and Maria in 2017. Damage and loss\u2026","rel":"","context":"In "News\/Developments"","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Buildings-construction-cranes-Juhasz-Imre-Pexels.jpeg?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Buildings-construction-cranes-Juhasz-Imre-Pexels.jpeg?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Buildings-construction-cranes-Juhasz-Imre-Pexels.jpeg?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Buildings-construction-cranes-Juhasz-Imre-Pexels.jpeg?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5172,"url":"https:\/\/projectcalls.com\/dev\/usd65-5mn-rehabilitation-and-reconstruction-project-launches-in-the-british-virgin-islands\/","url_meta":{"origin":20294,"position":2},"title":"USD65.5mn rehabilitation and reconstruction project launches in the British Virgin Islands","author":"Michele Marius","date":"April 13, 2018","format":false,"excerpt":"The Caribbean Development Bank (CDB) has launched a Rehabilitation and Reconstruction Project in the British Virgin Islands (BVI), which will assist the country in recovering from the effects of Hurricane Irma. The Project, which was launched on April 10, 2018, will be funded through a USD65.3 million (mn) loan and\u2026","rel":"","context":"In "News\/Developments"","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/04\/Construction-excavator-Life-Of-Pix-Pexels.jpg?fit=1024%2C682&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/04\/Construction-excavator-Life-Of-Pix-Pexels.jpg?fit=1024%2C682&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/04\/Construction-excavator-Life-Of-Pix-Pexels.jpg?fit=1024%2C682&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/04\/Construction-excavator-Life-Of-Pix-Pexels.jpg?fit=1024%2C682&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":7870,"url":"https:\/\/projectcalls.com\/dev\/rda-cranks-up-with-projects-and-regulations\/","url_meta":{"origin":20294,"position":3},"title":"RDA cranks up with projects and regulations","author":"Michele Marius","date":"January 10, 2019","format":false,"excerpt":"Repairing sister islands\u2019 administration buildings, upgrading school facilities, and removing derelict boats are among the projects the Recovery and Development Agency is preparing to tackle after working with the Premier\u2019s Office and government ministries in recent months to set priorities, RDA officials told the\u00a0Beacon. The independent agency began issuing recovery-related\u2026","rel":"","context":"In "News\/Developments"","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2019\/01\/Road-Town-Marina-Boats-Tortola-British-Virgin-Islands-BVI-Taschengeld-Pixabay.jpg?fit=1024%2C575&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2019\/01\/Road-Town-Marina-Boats-Tortola-British-Virgin-Islands-BVI-Taschengeld-Pixabay.jpg?fit=1024%2C575&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2019\/01\/Road-Town-Marina-Boats-Tortola-British-Virgin-Islands-BVI-Taschengeld-Pixabay.jpg?fit=1024%2C575&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2019\/01\/Road-Town-Marina-Boats-Tortola-British-Virgin-Islands-BVI-Taschengeld-Pixabay.jpg?fit=1024%2C575&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":18782,"url":"https:\/\/projectcalls.com\/dev\/rda-to-host-procurement-workshop-to-solicit-stronger-tender-submissions\/","url_meta":{"origin":20294,"position":4},"title":"RDA To Host Procurement Workshop To Solicit Stronger Tender Submissions","author":"Mayra Bonilla Lopez","date":"October 7, 2021","format":false,"excerpt":"British Virgin Islands For one day only, the Recovery and Development Agency will host a procurement workshop aimed at improving contractors and supplier\u2019s capacity to effectively respond to general bidding opportunities as well as for projects financed by the Government of the Virgin Islands, and the Caribbean Development Bank. Acting\u2026","rel":"","context":"In "Articles"","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/10\/pexels-thirdman-8469988-scaled-e1633656504339.jpg?fit=1156%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/10\/pexels-thirdman-8469988-scaled-e1633656504339.jpg?fit=1156%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/10\/pexels-thirdman-8469988-scaled-e1633656504339.jpg?fit=1156%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/10\/pexels-thirdman-8469988-scaled-e1633656504339.jpg?fit=1156%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/10\/pexels-thirdman-8469988-scaled-e1633656504339.jpg?fit=1156%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":25251,"url":"https:\/\/projectcalls.com\/dev\/press-statement-from-governor-of-the-british-virgin-islands-mr-john-rankin-cmg\/","url_meta":{"origin":20294,"position":5},"title":"Press Statement From Governor of the British Virgin Islands Mr John Rankin CMG","author":"Mayra Bonilla Lopez","date":"November 24, 2022","format":false,"excerpt":"Births Virgin Island On the 4th October I was pleased to publish the first Quarterly Review of the Framework for Implementation of the Recommendations of the Commission of Inquiry Report and Other Reforms which was agreed between the UK and Government of National Unity.\u00a0 The Quarterly Review is a key\u2026","rel":"","context":"In "Articles"","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/11\/pexels-sora-shimazaki-5668879-scaled-e1669327426305.jpg?fit=682%2C752&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/11\/pexels-sora-shimazaki-5668879-scaled-e1669327426305.jpg?fit=682%2C752&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/11\/pexels-sora-shimazaki-5668879-scaled-e1669327426305.jpg?fit=682%2C752&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/20294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/users\/1091"}],"replies":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/comments?post=20294"}],"version-history":[{"count":3,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/20294\/revisions"}],"predecessor-version":[{"id":20303,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/20294\/revisions\/20303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/media\/20295"}],"wp:attachment":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/media?parent=20294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/categories?post=20294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/tags?post=20294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}