PBA+ Payment Control Service
Give your Project Bank Accounts an upgrade
What is it?
A managed governance service that wraps Saible’s security, compliance, and supply chain visibility around your existing Project Bank Accounts
Who is it for?
Public sector and Infrastructure Clients with strict treasury rules and banking policies.
Why do I need it?
You understand the limitations of PBAs, and you want the benefits of a Digital Parallel Payment Account (DiPPA), but your treasury rules limit your choice of banking provider.
What are the benefits?
Treasury Compliance
Keep funds within your existing banking infrastructure. We provide the governance layer, satisfying strict internal treasury and procurement policies.
Reduced Administration
We act as an extension of your finance team. Our managed service handles the heavy lifting of onboarding payees, performing rigorous verification checks, and producing complex bank payment files.
Risk Mitigation
Our standardised Trust Deed and Terms of Use legally ring-fence your funds. This maximises the extent of the insolvency protection of your PBA as far as possible.
Payment Governance
The system provides a complete, biometrically verified audit trail of exactly who authorised what and when, replacing opaque spreadsheets with digital certainty.
Social Value Data
Demonstrate that public funds are reaching SMEs and local businesses. The platform provides granular data on supply chain geography and business size, allowing you to report accurately on the Local Economic Multiplier effect.
Supply Chain Confidence
Confirm that fair payment practices are being upheld down the linereducing disputes and protecting your reputation.
How does it work?
- You open a PBA with your existing banking partner. We wrap it with our Trust Deed.
- Our service team onboards the supply chain, performing rigorous ID and AML checks.
- Your team and your supply chain use the Saible app to Authorise and Verify payment amounts.
- We generate a secure Payment Instruction (CSV) mapped to your bank’s format.
- You upload the file to your banking portal to release funds.
What does it cost?
Transaction + Service Fees
- A standard transaction fee of 0.25% of the payment value
- A monthly Service Fee based on project size
What next?
We CAN do better
Saible has solutions for public and private sector projects across housing, regeneration, commercial development, civils, and infrastructure.
