Can I Claim Late Payment Interest From An International Debtor?

A UK creditor can usually claim Late Payment Interest and Compensation from a debtor outside the UK, provided one of the following applies:

If the law of the contract is under a country within the European Union then it may be possible to claim under that country’s own implementation of the European Late Payment Directive 2000/35/EC.

What Can I Claim In Different Countries?

Broadly speaking, the EU Directive sets out the following minimum criteria on what you can claim:

If you want to find out more the European Commission has a website dedicated to the Late Payment Directive.

30 October 2014