Score of 90.3/100 qualifies for PaymentCheck Certification
Western Union Payment Services GB Limited demonstrates a strong payment profile, with an average settlement time of 27 days, comfortably within standard 30-day terms. The concentration of 90% of payments within 30 days indicates a consistent and disciplined payment culture, with only a marginal 7% falling into the 31–60 day bracket. The overall trajectory suggests a reliable and stable payer with minimal signs of payment delays becoming a systemic issue.
Payment behaviour is highly predictable, with just 3% of invoices paid late and an equally low 3% exceeding 60 days, pointing to a low-volatility payment pattern. The tight clustering of payments around the 27-day average reduces cash flow uncertainty for suppliers, making this company one of the more dependable counterparties in its risk category. The minimal spread across late payment brackets suggests isolated exceptions rather than structural payment delays.
Western Union Payment Services GB Limited represents a low-risk trading partner, and suppliers can engage with confidence under standard 30-day payment terms. The 3% late payment rate is negligible and unlikely to pose meaningful cash flow risk, though suppliers handling high invoice volumes may still benefit from implementing routine follow-up reminders as a precaution. No significant risk mitigation measures are required, but maintaining clear invoice documentation and agreed payment terms in writing remains best practice.
| 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 | 27 | 90% | 7% | 3% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment within 60 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No comment.
Maximum contractual payment period agreed
60
Disputes are resolved through discussion and the investigation and presentation of relevant evidence. If this process failed to resolve a dispute the business would be prepared to submit to the decision of an agreed independent arbitrator, but this has not occurred during the Reporting Period.
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
Western Union Payment Services GB Limited is a private limited company operating within the financial services and payment processing sector. As part of the globally recognised Western Union brand, the company focuses on payment services activities within Great Britain.
The company was incorporated on 24 April 2018 and is registered in England under company number 11326797. Its registered office is situated at Manning House, 3rd Floor, 22 Carlisle Place, London, SW1P 1JA, placing it at the heart of one of the world's leading financial centres.
Payment services companies of this type operating in the UK market typically provide money transfer solutions, cross-border payment processing, and financial transaction services to both individual consumers and business clients. Such organisations facilitate domestic and international fund transfers through established networks and digital platforms, supporting customers in sending and receiving payments across multiple currencies and territories.
As an active company, Western Union Payment Services GB Limited continues to operate within the regulated UK financial services environment, subject to the oversight frameworks that govern payment service providers in Great Britain.