RCI BANK UK LIMITED
Company Information
- Company Number
- 11429127
- Registered Address
- Rivers Office Park Denham Way, Maple Cross, Rickmansworth, England, England, WD3 9YS
- Status
- Active
- Employee Count
- 307
- Turnover
- £350,963,000
- EBITDA
- £183,638,000
Additional Details
- Website
- https://rcibank.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 22 June 2018
- Nature of Business
- 64191 - Banks
- Industries
- Travel And Transportation
- Region
- East of England
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 | 27 | 84% | 10% | 6% | 21% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 16 | 86% | 12% | 2% | 25% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 14 | 91% | 8% | 1% | 23% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 17 | 92% | 6% | 2% | 25% |
| 01 Jan 2023 - 30 Jun 2023 | 10 Jul 2023 | 13 | 94% | 6% | 0% | 26% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 27 | 80% | 13% | 7% | 28% |
| 01 Jul 2021 - 31 Dec 2021 | 11 Feb 2022 | 18 | 88% | 11% | 1% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 19 | 88% | 10% | 2% | 32% |
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
RCI Bank UK Limited’s policy for the payment of suppliers is as follows: Payment terms will be agreed at the start of the relationship with the supplier and will only be changed by agreement. Standard payment terms with suppliers of goods and services will be 30 days from receipt of correct invoice for satisfactory goods and services which have been ordered and received unless other terms are agreed in contract. Payment will be made in accordance with the agreed terms or in accordance with the law if no agreement has been made; and Suppliers will be advised without delay when an invoice is contested, and disputes will be settled as quickly as possible.
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
60
Dispute Resolution Process
Dispute resolution: Suppliers are advised without delay when an invoice is contested with the aim of resolving the dispute as quickly as possible. Disputes are generally resolved with the department who has placed the order. If the matter cannot be resolved with the department, it will be escalated to senior management for resolution.
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
RCI BANK UK LIMITED is a subsidiary of the French banking group, RCI Banque SA. It is a UK-based financial institution that specializes in providing savings and loans products to customers in the automotive industry. The company was founded in 2009 and is headquartered in Watford, Hertfordshire.
The main activities of RCI BANK UK LIMITED include offering competitive savings and loans products to customers, specifically in the automotive sector. Their savings products include fixed-term and easy access savings accounts, as well as cash ISAs. They also offer car finance and personal loans to customers looking to purchase or lease a vehicle.
RCI BANK UK LIMITED has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. This includes reducing paper usage, promoting digital communication, and investing in renewable energy sources. The company is also committed to promoting diversity and inclusion within their workforce.
The key people at RCI BANK UK LIMITED include Chief Executive Officer, Bruno Kintzinger and Managing Director, Jean-Louis Labauge. The company has a team of experienced and dedicated professionals who strive to provide excellent customer service and innovative financial solutions.
To contact RCI BANK UK LIMITED, customers can visit their website at www.rcibank.co.uk or call their customer service team at 0333 009 0231. Their registered office address is RCI Banque SA, 14-16 Cours du Triangle, 92937 Paris La Défense Cedex, France.
In summary, RCI BANK UK LIMITED is a reputable financial institution that offers a range of savings and loan products to customers in the automotive industry. They have a strong focus on sustainability and are committed to providing excellent customer service. With a dedicated team and a commitment to innovation, RCI BANK UK LIMITED continues to be a leading player in the UK financial market.
