HSBC UK BANK PLC
Company Information
- Company Number
- 09928412
- Registered Address
- 1 Centenary Square, Birmingham, United Kingdom, B1 1HQ
- Status
- Active
- Employee Count
- 20,501
- Turnover
- £0
- EBITDA
- £3,638,000,000
Additional Details
- Website
- https://hsbc.co.uk/
- Company Type
- Public limited Company
- Incorporated On
- 23 December 2015
- Nature of Business
- 64191 - Banks
- Industries
- Financial Services
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 15 | 98% | 1% | 1% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 16 | 98% | 2% | 0% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 15 | 97% | 2% | 1% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 16 | 97% | 2% | 1% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 24 | 93% | 5% | 2% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 20 | 95% | 4% | 1% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 26 | 93% | 3% | 4% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Feb 2020 | 26 | 97% | 3% | 0% | 4% |
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
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
Dispute Resolution Process
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.
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.
❌
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
Company Summary
HSBC UK BANK PLC is a leading financial institution in the United Kingdom, offering a wide range of banking and financial services to individuals and businesses. The bank is committed to sustainability and has various initiatives in place to reduce their environmental impact and support local communities.
Their sustainability program includes measures to reduce carbon emissions, promote renewable energy, and manage waste and water consumption. They also have a strong focus on diversity and inclusion, with programs in place to promote equal opportunities and support underrepresented groups.
In terms of products and services, HSBC UK BANK PLC offers personal and business banking, as well as wealth management and insurance services. They also have a range of digital banking options, making it easier for customers to manage their finances.
The bank is led by a team of key people, including the Chief Executive Officer, Ian Stuart, who has over 25 years of experience in the banking industry. The registered office address for HSBC UK BANK PLC is 8 Canada Square, London, E14 5HQ.
For more information on their services and sustainability initiatives, interested individuals can visit their website at www.hsbc.co.uk or contact their customer service team at 03457 404 404. HSBC UK BANK PLC is committed to providing quality services while also promoting sustainability and making a positive impact on society.
