SMBC BANK INTERNATIONAL PLC
Company Information
- Company Number
- 04684034
- Registered Address
- 100 Liverpool Street, London, England, EC2M 2AT
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 3 March 2003
- Nature of Business
- 64191 - Banks
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SMBC BANK INTERNATIONAL PLC exhibits a strong trend of prompt payments, with an average payment time of just 14 days. A significant 91% of invoices are settled within 30 days, indicating consistent adherence to short payment cycles. This trajectory suggests a highly efficient and reliable payment process that favors timely supplier remittances.
Volatility Analysis
While 91% of payments are prompt, the 9% late payment rate, including 3% extending beyond 60 days, introduces a minor level of unpredictability. This limited variability means a small fraction of invoices may experience significant delays, necessitating supplier awareness. Overall reliability is high due to the overwhelming majority of on-time payments, but a slight risk of longer-than-average payment cycles exists for a minority.
Summary Analysis
SMBC BANK INTERNATIONAL PLC presents a very favorable payment risk profile, with most invoices paid significantly ahead of the 30-day mark. Suppliers can confidently factor in highly predictable and swift payments, recognizing a minor risk that 3% of invoices may be substantially delayed. For critical agreements, consider implementing tiered payment terms or a proactive follow-up process for invoices nearing 30 days to mitigate this minimal late payment exposure.
Performance Reports History
| 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 Apr 2025 - 30 Sept 2025 | 22 Oct 2025 | 14 | 91% | 6% | 3% | 9% |
| 01 Oct 2024 - 31 Mar 2025 | 24 Apr 2025 | 14 | 91% | 6% | 3% | 9% |
| 01 Apr 2024 - 30 Sept 2024 | 21 Oct 2024 | 13 | 92% | 5% | 3% | 8% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 12 | 93% | 5% | 2% | 7% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Oct 2023 | 13 | 92% | 5% | 3% | 8% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 44 | 54% | 23% | 23% | 46% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 33 | 64% | 21% | 15% | 36% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 26 | 74% | 17% | 9% | 26% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 26 | 80% | 14% | 7% | 20% |
| 01 Oct 2020 - 31 Mar 2021 | 21 Apr 2021 | 25 | 81% | 12% | 7% | 19% |
| 01 Jan 2020 - 30 Sept 2020 | 22 Oct 2020 | 26 | 77% | 16% | 7% | 23% |
| 01 Oct 2019 - 31 Mar 2020 | 22 Apr 2020 | 29 | 78% | 15% | 7% | 22% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 32 | 72% | 17% | 10% | 28% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 32 | 69% | 20% | 11% | 31% |
| 01 Apr 2018 - 30 Sept 2018 | 15 Oct 2018 | 25 | 77% | 16% | 7% | 23% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The payment terms as a standard for the bank is set at 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The intention is to settle all invoices within 30 days of receipt of invoice. Shorter terms may be required for certain services, but in practice payment within 2-3 weeks is generally acceptable to the supplier.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Payment processing and any related queries are handled by the Remittance and Expense team. In the event that the query remains unresolved, it will be escalated to management and internal Legal Counsel accordingly.
Other Payment Information
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.
❌
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
Company Summary
SMBC BANK INTERNATIONAL PLC is an active public limited company operating as an international bank
The company was incorporated on 3 March 2003 under company number 04684034
Its registered office is located at 100 Liverpool Street, London, England, EC2M 2AT
As an international bank and public limited company in the UK, SMBC BANK INTERNATIONAL PLC typically provides a comprehensive range of corporate banking, trade finance, and treasury services
Such organisations commonly offer financial solutions, project finance, and risk management services to businesses and multinational corporations
