HSBC PRIVATE BANK (UK) LIMITED
Company Information
- Company Number
- 00499482
- Registered Address
- 8 Canada Square, London, E14 5HQ
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://hsbcprivatebank.com
- Company Type
- Private limited Company
- Incorporated On
- 17 September 1951
- Nature of Business
- 64191 - Banks
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 24 | 86% | 12% | 2% | 18% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 32 | 85% | 11% | 4% | 19% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 38 | 71% | 13% | 16% | 41% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 46 | 74% | 10% | 16% | 49% |
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
N/A
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 PRIVATE BANK (UK) LIMITED is a private bank that offers a range of financial services and products to high net worth individuals and their families. The bank is a part of the global HSBC Group and is headquartered in London, United Kingdom.
The bank's sustainability program focuses on responsible banking practices and environmental sustainability. They have set targets to reduce their carbon footprint and promote sustainable investments. The bank also supports various charities and initiatives to give back to the community.
HSBC PRIVATE BANK (UK) LIMITED offers a variety of services such as wealth management, investment management, and international banking for their clients. They provide personalized solutions to help their clients manage and grow their wealth, while also offering access to a global network of investment opportunities.
Key people at HSBC PRIVATE BANK (UK) LIMITED include the CEO, Ian Stuart, and the Chairman, Mark Tucker. They lead a team of experienced professionals who are dedicated to providing high-quality services to their clients.
The bank's website address is www.hsbcprivatebank.com/uk and their registered office address is 8 Canada Square, London E14 5HQ, United Kingdom. Clients can contact the bank through their website or by visiting one of their branches located in major cities across the UK.
In conclusion, HSBC PRIVATE BANK (UK) LIMITED is a reputable private bank that offers sustainable financial services and products to high net worth individuals. With a strong focus on responsible banking and a team of experienced professionals, the bank strives to help their clients achieve their financial goals while also making a positive impact on society.
