OPG Home Page
OPG becomes part of the Government Banking Service launched in May 2008
The Government Banking Service (GBS), incorporating OPG, is the new banking services shared service provider to the public sector. GBS is currently headed by Steve Betteridge. Other ex-OPG contacts remain essentially the same for now.
This website is therefore under review and will be updated and relaunched to reflect the new arrangements in due course.
In the meantime some key documents are attached to give you a taste of what is in store, including a foreword from Gabs Makhlouf, the HMRC banking services director responsible for GBS, biographies for Gabs and Steve and a newsletter.
Please feel free to contact the team with any questions or feedback.
The Office of H M Paymaster General (OPG) is part of HM Revenue and Customs.
Click here for information on the transfer of ownership of OPG from HM Treasury to HM Revenue and Customs which took effect on 3 April 2006.
OPG's mission statement is:
To provide a secure, value for money account and banking transaction service, which encourages public sector bodies to maximise the value of funds available to the Exchequer, and to provide accurate and timely cash flow information to the Treasury.
OPG is responsible for holding the working balances of Government Departments and other public bodies in high-level accounts at the Bank of England where they are made available to the National Loans Fund overnight to reduce the government's borrowing costs. To allow its customers to operate individual accounts and make and receive payments while retaining their balances for the benefit of the Exchequer OPG operates a bank account ledger system and a full range of banking services.
Follow the links for more information.
You can contact us for more information on our services by clicking on the Contacts for OPG Services button on the left.