---
title: "LYB TREASURY SERVICES LTD. - Payment Practices"
date: 2023-01-19
url: https://paymentcheck.co.uk/company-search/09805589/lyb-treasury-services-ltd
description: "View payment practices for LYB TREASURY SERVICES LTD.. Average time to pay: 63 days."
---

# LYB TREASURY SERVICES LTD.

## Company Information

- **Company Number:** 09805589
- **Status:** Active
- **Company Type:** Private limited Company
- **Incorporated:** 2 October 2015
- **Registered Address:** 1 Vine Street, London, United Kingdom, W1J 0AH
- **Industry:** Financial Services
- **Region:** London

## Payment Statistics

- **Average Time to Pay:** 63 days
- **Invoices Paid Within 30 Days:** Not available%
- **Invoices Paid Between 31-60 Days:** 34%
- **Invoices Paid Later Than 60 Days:** 66%
- **Invoices Not Paid Within Agreed Terms:** 100%

## Payment Terms

- **Standard Payment Terms:** Payment terms are referred to in the conditions printed with all Purchase Orders and Outline Agreements known as the General Conditions of Purchase (GCP) which states “Payment shall be made within 60 days of the receipt of a properly compiled invoice unless otherwise agreed in writing with the Purchaser”
- **Shortest Payment Period:** 30 days
- **Longest Payment Period:** 90 days
- **Maximum Contractual Period:** 60 days

## Payment Practices

- **Payment Terms Changed:** Not available
- **Suppliers Notified of Changes:** Not available
- **E-Invoicing Offered:** False
- **Supply Chain Financing Offered:** False
- **Participates in Payment Codes:** No

## Dispute Resolution

LyondellBasell's central Accounts Payable function is responsible for payment of invoices. All invoices are only processed for payment once there is clearance/approval in our internal systems based on delegation of authority. Common dispute items such as incorrect company name, error in amounts etc can be directly resolved by the Accounts Payable function. For others, the relevant department is involved to address the issues directly with the vendor. The latter are handled on case by case basis.
The Purchase Orders are governed by English Law and the parties involved agree to submit to the jurisdiction of the English Courts.

## Summary

LYB Treasury Services Ltd. is a financial services company that offers a variety of services to help businesses manage their finances and investments. The company is committed to sustainability and has a strong focus on ethical and responsible practices.

Their sustainability program includes implementing environmentally friendly practices in their operations, promoting diversity and inclusion within the company, and supporting social and community initiatives.

The company's products and services include treasury management, cash management, risk management, and investment management. They also offer customized solutions to meet the specific needs of their clients.

Key people at LYB Treasury Services Ltd. include the CEO, who is responsible for overall strategic direction and operations, and a team of experienced financial experts who provide personalized support to clients.

The company's website address is www.lybtreasuryservices.com, where interested individuals can find more information about their products and services, as well as contact details.

LYB Treasury Services Ltd. is registered at 20 Fenchurch Street, London, EC3M 3AU, United Kingdom. This is their registered office address and is where all official correspondence should be sent.

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*Data sourced from official UK government payment practices reports. Last updated: 2023-01-19*