CDSP invoices: payment timings and escalation process
When CDSP invoices must be paid, the escalation process for late payments, and where to go to get support.
When do CDSP invoices need to be paid?
CDSP invoices need to be paid in full within 20 business days of the issue date. Cleared funds must be deposited into a bank account advised by the CDSP.
What happens if the payment is late?
If the customer fails to make payment by the payment due date, a failure to pay notice is issued the next business day.
If payment is still not received within two business days after the initial failure to pay notice, the matter is referred to the DSC Committee who convene and decide on further action to take.
CDSP terms and conditions
Section 5.2 of the DSC Terms and Conditions outlines payment terms for CDSP invoices.
You can view the full terms on the Joint Office website using the link below.
Who to contact for further support
Email us with your query at the following address, and a member of the team will get back to you as soon as possible.
CDSP Credit Risk: firstname.lastname@example.org
Credit Risk e-learning
Learn more about Credit Risk and Neutrality using our online e-learning course.
Need more help?
For more help with invoicing, please raise a support request.