Supply and Installation of Trade Anti Money Laundering (AML) Solution

Sindh Bank Limited in Karachi is seeking a comprehensive Trade Anti Money Laundering (AML) Solution to enhance its trade compliance and monitoring capabilities within the IT Software & Licenses category. This procurement aims to equip the bank with a real-time unified system that integrates automated controls and workflow for trade transaction validation. The solution must cover critical trade compliance domains such as Price Due Diligence, Duties and Exemption Checks, Dual-Use Goods identification, Vessel and Container Tracking, Goods Declaration corroboration, Sanctions Screening, and Trade Customer Risk Profiling. It should support AI-based document digitization and seamless integration with existing bank systems via RESTful APIs. The system will enable real-time transaction monitoring and configurable escalation workflows, ensuring adherence to regulatory guidelines and mitigating trade-based money laundering risks effectively. Bidders must comply with the Sindh Procurement Authority Act-2010 and provide evidence of PEC Category compliance, valid tax registrations including GST and Income Tax, and maintain an active FBR/ATL status for the financial year 2026-27. The solution must have a minimum end-of-life of five years and include a one-year license, warranty, and 24/7 onsite support, extendable at the bank's discretion. The bidder must also submit a valid Manufacturer Authorization Certificate and demonstrate a minimum of three years presence in Pakistan. The submission deadline is set for 22nd April 2026 at 10:30 AM, with bid opening at 11:00 AM on the same day at Sindh Bank Ltd Head Office, Federation House, Abdullah Shah Ghazi Road, Clifton, Karachi. Bids must be submitted online via the EPADS portal. The bank requires a 5% performance security of the contract amount and reserves the right to reject any non-compliant bids. Pro-Tip: Ensure your bid includes all mandatory annexures and evidence of tax registration to avoid disqualification. Also, carefully review the technical specifications and eligibility criteria to meet the bank's stringent compliance and integration requirements.