Score of 87.6/100 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 Nov 2024 - 30 Apr 2025 | 27 May 2025 | 17 | 71% | 29% | 0% | 0% |
| 01 May 2024 - 31 Oct 2024 | 29 Nov 2024 | 22 | 81% | 6% | 13% | 0% |
| 01 Nov 2023 - 30 Apr 2024 | 23 May 2024 | 22 | 100% | 0% | 0% | 0% |
| 01 May 2023 - 31 Oct 2023 | 16 Nov 2023 | 15 | 100% | 0% | 0% | 0% |
| 01 Nov 2022 - 30 Apr 2023 | 27 Sept 2023 | 20 | 82% | 9% | 9% | 9% |
| 01 May 2022 - 31 Oct 2022 | 27 Sept 2023 | 18 | 75% | 25% | 0% | 0% |
| 01 Nov 2021 - 30 Apr 2022 | 27 Sept 2023 | 17 | 82% | 18% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We pay invoices within 60 days of receipt
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
60
With regards to any dispute, the accounts payable team will firstly engage with the internal business units to confirm facts and then liaise with suppliers to request copy of invoices, supplier statement and any other information needed. Disputes are resolved by discussion and agreement with the supplier.
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
TD Bank Europe Limited is a UK-registered company based in London, incorporated in 1992 and classified under financial intermediation not elsewhere classified. It forms part of TD Bank Group, the Toronto-Dominion banking group, whose wider business includes personal banking, small business banking, mortgages, credit cards, loans and investing services, primarily delivered through TD Canada Trust and related TD brands. The entity itself operates within this international banking group's structure rather than running a consumer-facing branch network in the UK. No further detail on its specific UK activities is available beyond its registration as a financial intermediation business within the TD Bank Group.
Generated from the company's website and Companies House records. Sources: td.com