FREE CALCULATOR
Late payment interest calculator
Late payment interest is the statutory compensation a business customer owes when an invoice is paid after its due date. Under EU Directive 2011/7/EU it is at least 8 percentage points above the ECB reference rate, and most member states add a fixed €40 recovery fee per invoice. Enter the amount and dates; the calculator applies the current national rate.
- Days overdue
- 45
- Interest rate per year
- 10.40 %
- Interest
- €25.64
- Fixed recovery fee
- €40.00
- Total claim
- €2,065.64
Formula: amount × rate × days overdue ÷ 365
Basis: ECB 2.40 % + 8 points (Directive 2011/7/EU minimum)Checked: ECB, 1 July 2026
Default starts 30 days after the invoice is received unless a shorter date was agreed. The €40 fee applies to business and public-sector customers only. Rates are reviewed on 1 January and 1 July. This is not legal advice.
Statutory B2B late payment interest in Europe (second half of 2026)
| Customer's country | Interest rate per year | Fixed recovery fee | Basis |
|---|---|---|---|
| Germany | 10.52 % | €40.00 | Basiszinssatz 1,52 % + 9 / + 5 Punkte (§ 288 BGB) |
| France | 12.40 % | €40.00 | Taux BCE 2,40 % + 10 points (art. L441-10 C. com.) |
| Spain | 10.40 % | €40.00 | Tipo BCE 2,40 % + 8 puntos (Ley 3/2004) |
| Italy | 10.40 % | €40.00 | Tasso BCE 2,40 % + 8 punti (D.Lgs. 231/2002) |
| Netherlands | 10.40 % | €40.00 | Wettelijke handelsrente (art. 6:119a BW) |
| Poland | 13.75 % | €40.00 | Stopa referencyjna NBP 3,75 % + 10 pkt |
| Portugal | 10.40 % | €40.00 | Taxa BCE 2,40 % + 8 pontos (DL 62/2013) |
| EU minimum | 10.40 % | €40.00 | ECB 2.40 % + 8 points (Directive 2011/7/EU minimum) |