CHARTER COURT FINANCIAL SERVICES LIMITED

Standard payment terms

CCFS policy is to pay suppliers within the agreed credit terms. Minor payment delays may occur if the invoice is received after the payment run. Disputed amounts may also result in processing delays.

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

No information available

Any other information about payment terms

Some suppliers stipulate ‘payment upon receipt’ (under specific circumstances) or accelerated payments. These are considered on a case by case basis and we honour requests in cases where there is a genuine business need.

Maximum contractual payment period agreed

30

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