AHLI UNITED BANK (UK) PLC
Company number: 00877859
Reporting period:
1 January 2018 to 30 June 2018
Report filed on:
24 July 2018
Approved by:
Stephen Hussey
Payment statistics
Average time taken to pay invoices: 10 days
Invoices paid:
- within 30 days: 100%
Late and disputed:
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Ahli United Bank (UK) PLC Payment Terms Default Payment Terms Except where different payment terms have been agreed in writing with a supplier, Ahli United Bank (UK) PLC will pay authorised invoices which comply with these requirements within 30 days. Payments made direct to bank accounts will be made to the bank account details held by Ahli United Bank (UK) PLC for the supplier.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Dispute Resolution The supplier can escalate a dispute by emailing accountspayable.uk@ahliunited.com with a copy of invoice and correspondence to date in respect of the dispute and providing an outline of the issues. Accounts Payable will escalate the information within the organisation to facilitate the resolution where possible.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No