HSBC BANK PLC
Company Information
- Company Number
- 00014259
- Registered Address
- 8 Canada Square, London, E14 5HQ
- Status
- Active
- Employee Count
- 15
- Turnover
- £0
- EBITDA
- -£5,000,000
Additional Details
- Website
- https://gbm.hsbc.com/
- Company Type
- Public limited Company
- Incorporated On
- 1 July 1880
- Nature of Business
- 64191 - Banks
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 14 | 96% | 3% | 1% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 15 | 94% | 4% | 2% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 17 | 92% | 6% | 2% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 25 | 86% | 10% | 4% | 16% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 22 | 92% | 6% | 2% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 26 | 85% | 11% | 4% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 28 | 88% | 9% | 3% | 12% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 28 | 88% | 9% | 3% | 14% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 31 | 87% | 10% | 3% | 13% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 31 | 83% | 12% | 5% | 25% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard terms are 30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
42
Dispute Resolution Process
Suppliers are asked to place their issue in writing to their HSBC main contact point. Business contact and Accounts Payable work with the supplier to resolve payment issue/dispute in accordance with internal investigation and escalation procedures.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
HSBC BANK PLC is a multinational banking and financial services company headquartered in London, United Kingdom. It is one of the largest banking and financial services organizations in the world, with operations in over 65 countries and territories.
The bank offers a wide range of products and services including personal and business banking, wealth management, investment banking, and global banking and markets. It also provides specialized services such as Islamic banking, commercial real estate financing, and trade finance.
HSBC is committed to sustainability and has implemented various initiatives to reduce its environmental impact and support sustainable development. This includes reducing carbon emissions, promoting sustainable financing, and investing in renewable energy projects. The bank has also set targets to increase its financing for low-carbon and sustainable projects.
The key people at HSBC BANK PLC include Noel Quinn as the Group Chief Executive, Ewen Stevenson as the Group Chief Financial Officer, and Mark Tucker as the Group Chairman.
The bank can be contacted through their website, www.hsbc.com, or through their registered office address at 8 Canada Square, London E14 5HQ, United Kingdom. HSBC BANK PLC is registered with the Financial Conduct Authority and the Prudential Regulation Authority.