Their own payment-practices filing · gov.uk
Bank of China (UK) Limited pays suppliers in 17 days on average — inside its shortest stated term
Their H1 2026 filing puts the average 13 days inside the shortest term they state (30 days).
- Their stated terms
- 30–60 days
- Paid outside agreed terms
- 10% of invoices
- Paid after 61+ days
- 3%
- Reporting period
- 1 Jan 2026 – 30 Jun 2026
- Source
- their gov.uk filing, filed 29 Jul 2026
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2026 filing
Paid 13 days inside the 30-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 17 reports
Holding steady around 17 days
The read · computed from their figures
Bank of China (UK) Limited's H1 2026 filing puts their average at 17 days against stated terms of 30–60 days; 10% of invoices were paid outside agreed terms and 3% took 61 days or longer. Filed 29 Jul 2026.
The pattern is steady — their reported average moves within about ±1 days period to period.
On the latest reported averages: Faster than 71% of the 638 large companies reporting in financial services.
That is 17 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
30 calendar days from the date we receive the invoice
Dispute resolution
BOC deals with, infrequent, invoice disputes on a case by case basis. Negotiations are conducted between authorised personnel from BOC and the supplier to reach a mutually agreed position. Formal dispute processes are detailed in individual contracts.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 17 | 10% | 3% | 29 Jul 2026 |
| H2 2025 | 16 | 7% | 1% | 13 Jan 2026 |
| H1 2025 | 16 | 6% | 1% | 22 Jul 2025 |
| H2 2024 | 17 | 6% | 1% | 27 Jan 2025 |
| H1 2024 | 14 | 3% | 0% | 15 Jul 2024 |
| H2 2023 | 17 | 6% | 1% | 29 Jan 2024 |
| H1 2023 | 23 | 16% | 1% | 27 Jul 2023 |
| H2 2022 | 25 | 26% | 5% | 26 Jan 2023 |
| H1 2022 | 26 | 30% | 8% | 28 Jul 2022 |
| H2 2021 | 27 | 32% | 8% | 31 Jan 2022 |
| H1 2021 | 25 | 21% | 5% | 30 Jul 2021 |
| H2 2020 | 25 | 21% | 4% | 28 Jan 2021 |
| H1 2020 | 27 | 33% | 5% | 31 Jul 2020 |
| H2 2019 | 20 | 16% | 1% | 30 Jan 2020 |
| H1 2019 | 22 | 25% | 1% | 26 Jul 2019 |
| H2 2018 | 21 | 22% | 1% | 31 Jan 2019 |
| H1 2018 | 24 | 46% | 2% | 25 Jul 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 29 Mar 2007
- Registered office
- 1 LOTHBURY, LONDON, EC2R 7DB
Quick answers · Bank of China (UK) Limited
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How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-06193060 · latest period to 30 Jun 2026
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