Industry ranking
Score of 92.2/100 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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 13 | 92% | 6% | 2% | 22% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 13 | 92% | 5% | 3% | 22% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Sept 2024 | 14 | 92% | 5% | 3% | 25% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 13 | 94% | 5% | 1% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 23 | 79% | 17% | 4% | 33% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Europe Arab Bank plc does not have any standard payment terms in place currently.
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
30
Any disputes are directed to the bank's Accounts Payable team and resolved directly through the team with escalation to senior management where appropriate.
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
Europe Arab Bank Plc is a UK-registered bank, recorded at Companies House under SIC code 64191 (Banks). It now trades as Arab Bank Europe, having rebranded from Europe Arab Bank. The company is part of the Arab Bank Group, an international banking network with more than 600 branches across five continents. Its own materials describe services spanning private banking, wealth management, Islamic (Shariah compliant) banking, corporate banking and capital markets, alongside accounts, real estate financing, safe deposit box services, foreign exchange and precious metals dealing, and Visa debit cards. It positions itself as connecting clients across Europe and the MENA region.
Generated from the company's website and Companies House records. Sources: arabella-it.com · arabella-it.com · arabella-it.com