THE ROYAL BANK OF SCOTLAND PUBLIC LIMITED COMPANY
Company Information
- Company Number
- SC083026
- Registered Address
- 36 St. Andrew Square, Edinburgh, Scotland, EH2 2YB
- Status
- Active
- Employee Count
- 0
- Turnover
- £2,432,000,000
- EBITDA
- £1,414,000,000
Additional Details
- Website
- https://rbs.com
- Company Type
- Public limited Company
- Incorporated On
- 9 May 1983
- Nature of Business
- 64191 - Banks
- Industries
- Coming Soon
- Region
- Scotland
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 | 31 Jul 2025 | 7 | 97% | 2% | 1% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 7 | 97% | 2% | 1% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 8 | 96% | 2% | 2% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 7 | 97% | 2% | 1% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 9 | 95% | 3% | 2% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 6 | 97% | 2% | 1% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 9 | 95% | 2% | 3% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 8 | 96% | 2% | 2% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 7 | 98% | 1% | 1% | 2% |
| 01 Jan 2019 - 28 Jun 2019 | 29 Jul 2019 | 6 | 99% | 1% | 1% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 8 | 98% | 1% | 1% | 2% |
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
30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
NA
Maximum contractual payment period agreed
60
Dispute Resolution Process
The Business completes the Account Payables Dispute Process form, the business advice the supplier that the invoice will be returned unpaid to them. Once the dispute is resolved, they will be required to submit a new invoice.
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
The Royal Bank of Scotland Public Limited Company, commonly known as RBS, is a British multinational banking and financial services company. It is one of the oldest and largest banks in the UK, with its headquarters located in Edinburgh, Scotland.
Sustainability is a key focus for RBS, with the company committed to reducing its environmental impact and promoting sustainable practices. RBS has set ambitious targets to reduce its carbon emissions and increase its use of renewable energy sources. The bank also offers a range of green products and services, such as eco-friendly mortgages and loans for renewable energy projects.
RBS offers a wide range of banking and financial services to both individuals and businesses. This includes personal and business banking, insurance, investments, and wealth management. The bank also has a strong presence in the mortgage market, offering a variety of home loan options.
The company is led by CEO Alison Rose, who became the first female chief executive of a major UK bank in 2019. Other key people in RBS include Chairman Howard Davies and Chief Financial Officer Katie Murray.
For customers who wish to contact RBS, the company provides a variety of options, including a 24/7 customer service helpline, online banking, and a mobile app. The bank's website, www.rbs.co.uk, also offers a wealth of information and resources for customers.
The registered office address for RBS is 36 St Andrew Square, Edinburgh EH2 2YB, United Kingdom. Overall, RBS is a well-established and reputable bank that is committed to sustainability and providing a wide range of high-quality products and services to its customers.
