Score of 100/100 qualifies for PaymentCheck Certification
HSBC GLOBAL SERVICES LIMITED demonstrates an exceptional trend of extremely fast payment, with an average time of just 11 days. All payments consistently fall within 30 days, indicating a highly efficient and stable payment trajectory without any signs of slowing down.
The payment profile shows zero volatility, as 100% of payments are made within 30 days and there are no late payments. This reflects extremely high reliability and predictability, presenting virtually no risk for suppliers concerning payment delays or unpredictability.
Based on this data, HSBC GLOBAL SERVICES LIMITED is an exceptionally reliable and prompt payer, making them a low-risk partner for suppliers. Suppliers can confidently expect timely payments without needing significant risk mitigation strategies regarding payment terms.
| 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 | 30 Jul 2025 | 15 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms are 30 days
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
42
Suppliers are asked to place their issue in writing to their HSBC main contact point. Business contact and Accounts Payable work with the supplier to resolve payment issue/dispute in accordance with internal investigation and escalation procedures.
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
HSBC GLOBAL SERVICES LIMITED is an active private limited company. Its name identifies its core business as the provision of services, which it delivers on a global basis.
Incorporated on 29 November 2005, the company maintains its active status under company number 05639234. Its registered office is located at 8 Canada Square, London, E14 5HQ.
Private limited companies engaged in providing global services in the UK market commonly deliver a broad spectrum of business support and operational functions. These typically encompass areas such as information technology, human resources, and financial processing services, often supporting international operations for various entities.