Score of 100/100 qualifies for PaymentCheck Certification
BNY Mellon Fund Managers Limited demonstrates an exceptionally strong payment performance, with an average payment time of just 6 days, well ahead of standard 30-day terms. All invoices are settled within the 30-day window, with zero instances recorded in the 31-60 day or over-60-day brackets. This consistent pattern indicates a highly disciplined and efficient accounts payable process with no signs of deterioration.
Payment behaviour is entirely predictable, with a 0% late payment rate providing the highest possible reliability signal for suppliers. The concentration of all payments within the sub-30-day band, and particularly the 6-day average, suggests a structured, automated, or priority-driven payment cycle with minimal operational risk. There are no identifiable volatility indicators or red flags in the available data.
BNY Mellon Fund Managers Limited represents a very low-risk counterparty, and suppliers can engage with high confidence in prompt and full settlement of invoices. The 6-day average payment speed may even support reduced debtor day assumptions in cash flow planning. No specific risk mitigation measures are warranted beyond standard contractual terms, though suppliers should ensure invoicing is accurate and timely to maintain this efficient payment cycle.
| 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 | 6 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our most frequently used payment terms for qualifying contracts require payment within 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
60
If there is a dispute relating to an invoice or a payment, we will work with the supplier to resolve the issue in a fair and timely manner. Disputes are resolved by discussion and agreement and are typically handled by the member of staff that holds the relationship with the supplier, in conjunction with the Procurement/Legal function (as required), and resolved in accordance with the terms of the contract. Invoices that are subject to dispute will not be paid until resolution. Once resolved, payment will be made in accordance with the terms of the contract.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
BNY Mellon Fund Managers Limited is a UK-registered company based at BNY Mellon Centre, London, and forms part of the BNY group, a global financial services business. Companies House classifies its activity under financial intermediation not otherwise specified. The wider BNY group, which it sits within, describes itself as sitting at the heart of the world's capital markets, offering custody, asset servicing, investment management, wealth management and payments platforms internationally. As its name indicates, this entity's role within the group relates to fund management, though the specific funds it administers are not detailed in the available evidence. It operates as one of several UK subsidiaries supporting the group's broader financial services operations.
Generated from the company's website and Companies House records. Sources: bny.com