Score of 95.6/100 qualifies for PaymentCheck Certification
| 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 | 17 | 94% | 4% | 2% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 13 | 96% | 3% | 1% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 13 | 96% | 3% | 1% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 12 | 94% | 5% | 1% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 15 | 90% | 7% | 3% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 13 | 93% | 6% | 1% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 15 | 91% | 7% | 2% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 23 | 82% | 11% | 7% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 23 | 79% | 18% | 4% | 24% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 19 | 90% | 7% | 3% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 22 | 82% | 11% | 7% | 25% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 22 | 89% | 6% | 5% | 49% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 40 | 76% | 9% | 15% | 69% |
This information is as reported by the business, and responses are in their own words.
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
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.
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.
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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.
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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.
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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
HSBC Holdings plc is the ultimate parent holding company of the HSBC Group, registered in London with a stated business activity of head office operations. The group it heads provides retail banking, wealth management, insurance, corporate and investment banking, and payment processing services worldwide. Within the UK, group operations are carried out through subsidiaries such as HSBC UK Bank plc, a ring-fenced bank offering personal and business banking under brands including HSBC UK, first direct and M&S Financial Services. HSBC Holdings plc itself functions as the group's top-level holding entity rather than a trading or customer-facing bank, overseeing the wider international HSBC Group structure from its London registered office.
Generated from the company's website and Companies House records. Sources: about.hsbc.co.uk