Industry ranking
Score of 98.9/100 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 | 29 Jul 2025 | 15 | 98% | 1% | 1% | 1% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 15 | 98% | 1% | 1% | 2% |
| 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 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 18 | 97% | 2% | 1% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 22 | 95% | 4% | 1% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 19 | 95% | 3% | 2% | 4% |
| 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% |
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
HSBC UK Bank plc is the UK ring-fenced retail and commercial banking entity of the HSBC group, registered in Birmingham. It provides personal and business banking, including current accounts, savings, mortgages, loans, credit cards, insurance and investment products, alongside international payment and travel money services. Its offerings span everyday accounts through to premium Premier banking, small business banking accounts, and wealth and retirement planning tools. Deposits held with HSBC UK are protected under the Financial Services Compensation Scheme up to specified limits. The bank also supports customers via mobile and online banking, overdrafts, and financial wellbeing resources. As part of the wider HSBC group, it operates as the UK-facing banking arm delivering day-to-day consumer and business financial services.
Generated from the company's website and Companies House records. Sources: hsbc.co.uk · hsbc.co.uk