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 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
N/A
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 leading financial institution that provides a range of banking services in Europe. The bank is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
As part of its sustainability program, TD Bank Europe Limited has set specific targets to reduce its carbon footprint, increase its use of renewable energy, and minimize waste generation. The bank also offers sustainable financing options to its customers, such as green loans and green mortgages, to support environmentally-friendly projects.
In terms of products and services, TD Bank Europe Limited offers a wide range of banking services, including personal and business banking, wealth management, and investment solutions. The bank also has a strong focus on digital banking and offers online and mobile banking options for its customers.
The key people at TD Bank Europe Limited include CEO Greg Braca and President and Head of TD Securities, Bob Dorrance. The bank's registered office address is 60 St Mary Axe, London, EC3A 8JQ, United Kingdom. Customers can also contact the bank through its website, www.tdbank.com, or by phone at 0800 028 8930.
In summary, TD Bank Europe Limited is a reputable financial institution that is committed to sustainability and offers a variety of banking services and products to its customers. With a strong focus on digital banking and a dedicated team of leaders, the bank continues to be a trusted and reliable partner for its customers.