Score of 86.45/100 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 Jul 2025 - 31 Dec 2025 | 29 Jan 2026 | 21 | 86% | 10% | 4% | 14% |
| 01 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 23 | 80% | 13% | 7% | 20% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 27 | 78% | 13% | 9% | 23% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 34 | 69% | 20% | 11% | 31% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 27 | 76% | 16% | 8% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 29 | 75% | 14% | 11% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 28 | 73% | 16% | 11% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 30 | 74% | 17% | 9% | 26% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 37 | 66% | 19% | 15% | 34% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 24 | 74% | 22% | 4% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 20 | 84% | 12% | 4% | 16% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 22 | 77% | 18% | 5% | 23% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 25 | 80% | 16% | 4% | 14% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jul 2019 | 22 | 85% | 10% | 5% | 16% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2019 | 26 | 79% | 13% | 8% | 22% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
EFG Private Bank Limited has standard payment terms of 30 days from receipt of an invoice although invoices are paid earlier if appropriate.
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
30
In the event of any disputes with suppliers, this would normally be dealt with by the accounts payable team. Alternatively, if the accounts payable team cannot resolve the issue it will be dealt with by the supplier's relevant EFG business contact.
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
EFG Private Bank Limited is a UK-registered private bank based in London. Companies House records its nature of business as banking, and the company has traded under this name since 1997, having previously been incorporated as Shelfco (No. 305) Limited and later The Private Bank & Trust Company Limited. It remains an active private limited company, filing accounts and confirmation statements in the normal way. No further detail on specific products, client base or group structure is available from the supplied evidence, beyond its classification as a bank under SIC code 64191.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk