Score of 95.4/100 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 | 08 Jan 2026 | 15 | 97% | 3% | 0% | 16% |
| 01 Jan 2025 - 30 Jun 2025 | 07 Jul 2025 | 14 | 96% | 3% | 1% | 15% |
| 01 Jul 2024 - 31 Dec 2024 | 07 Jan 2025 | 15 | 96% | 3% | 1% | 13% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 18 | 94% | 5% | 1% | 20% |
| 01 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 17 | 93% | 6% | 1% | 20% |
| 01 Jan 2023 - 30 Jun 2023 | 10 Jul 2023 | 23 | 86% | 12% | 1% | 28% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 24 | 83% | 16% | 1% | 34% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 32 | 56% | 42% | 2% | 61% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 26 | 78% | 20% | 2% | 38% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 26 | 85% | 14% | 1% | 32% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 30 | 58% | 40% | 2% | 63% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 18 | 85% | 10% | 5% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 11 | 91% | 7% | 2% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 7 | 93% | 4% | 3% | 7% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
National Bank of Kuwait (International) PLC operates a preferred payment period of 30 days. Some of the suppliers’ payment vary compared to our standard terms. The individual circumstances of NBKI’s suppliers’ payment periods have been taken into account when compiling the return’s data.
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 that there is a dispute between the parties about any invoice rendered, the supplier should initially raise this in writing with the department that commissioned the service/supply of goods or with the individual.
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
National Bank of Kuwait (International) PLC is a subsidiary of the National Bank of Kuwait, one of the largest financial institutions in the Middle East. Based in London, the bank offers a wide range of financial services to its clients, including commercial and investment banking, trade finance, and treasury services.
The bank is committed to sustainability and has a dedicated sustainability program in place. This program includes initiatives to reduce the bank's carbon footprint, promote environmental awareness, and support community development projects.
National Bank of Kuwait (International) PLC offers a variety of products and services to meet the financial needs of its clients. These include corporate and commercial banking, private banking, and wealth management services. The bank also offers a range of digital banking solutions to make banking more convenient for its customers.
The key people at National Bank of Kuwait (International) PLC include CEO and Managing Director, Salah Al-Fulaij, and Chairman, Mohammed Abdulaziz Alshaya. They lead a team of experienced professionals who are dedicated to providing excellent financial services to their clients.
The bank's website address is www.nbk.com and its registered office address is 1 Knightsbridge, London SW1X 7LX, United Kingdom. Customers can contact the bank via phone at +44 (0) 20 7457 9000 or email at london@nbk.com. National Bank of Kuwait (International) PLC is regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).
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