Average payment period to suppliers

2024

The average payment period to suppliers of Banco Santander, S.A. in 2024 was 11 days, below the legal maximum of 60 days established by Law 15/2010, of 5 July, on combating late payment in commercial transactions. The average payment period was calculated in accordance with the applicable legal provisions.

In 2024 Banco Santander, S.A. paid a total of 523,490 invoices amounting to 3,755 million euros, representing 99.81% out of the total volume of invoices paid and 97.79% out of the total amount of payments to suppliers.