BLACKBERRY UK LIMITED

Standard payment terms

The business’ standard payment terms for all new suppliers is 75days from the date that an invoice is received. In special circumstances or due to legacy agreements, the contractual length of time may vary from this. The majority of vendors are set up with either Net 30 or Net 60 days. The various payment terms are as below: Net 7 Days, Net 10 Days, Net 14 Days, Net 15 Days, Net 20 Days, Net 25 Days, Net 30 Days, Net 45 Days, Net 60 Days, Net 75 Days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Whilst BlackBerry UK Limited standard terms for normal commercial relationships are 75 days, there are a number of business units that have payment terms considerably lower than this. Some of these lower terms are based on critically of service, industry standards and other key criteria monitored by executive leadership.

Maximum contractual payment period agreed

120

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.

❌

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.

❌

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.

❌

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