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EU Late Payment Interest

EU-minimum late-payment interest (ECB rate plus 8 points), the EUR 40 fixed sum and payment-term limits under Directive 2011/7/EU, plus the status of the proposed Regulation

Unify Dynamics LLC

Tools8read-only
Sign-inNoneno account, no key
Data keptNoneprocessed in memory
PriceFreeoptional Pro limits
StatusLiveMCP + REST
Works withMCP · RESTany agent

Try asking

Real questions, and the tools your agent calls to answer them.

What is the EU minimum statutory late-payment interest rate for the second half of 2026?
Tools called
statutory_rate
A customer owes EUR 10,000 due on 15 May 2026. What interest has built up to 29 September 2026 on the EU minimum basis?
Tools called
compute_late_interest
Is a 90-day payment term in a B2B contract allowed under the EU Late Payment Directive?
Tools called
term_check
When does an invoice received on 3 March and goods received on 10 March with no agreed date become late?
Tools called
payment_due_date
Has the EU adopted the new Late Payment Regulation yet, and what is the fixed compensation today?
Tools called
revision_status
fixed_recovery_fee
Draft a payment reminder for invoice 2026-118 that cites the EU-minimum interest and fixed sum
Tools called
draft_reminder

About

EU Late Payment Interest applies the EU minimum rules of Directive 2011/7/EU to an overdue business invoice. statutory_rate gives the half-year rate: the ECB main refinancing operations rate in force on 1 January or 1 July plus 8 percentage points (H2 2026: 2.40% + 8 = 10.40%). list_rate_history lists every half-year since H2 2023 with the ECB decision behind it. compute_late_interest adds simple interest day by day (actual/365) across half-year boundaries. fixed_recovery_fee returns the EUR 40 minimum. payment_due_date applies the contract date or the 30-day default from invoice, goods or acceptance dates, and term_check tests an agreed term against the 60-day (business) and 30-day (public authority) limits. revision_status states honestly where the proposed Late Payment Regulation (COM(2023) 533) stands: proposed, not adopted. draft_reminder builds a reminder for the owner to review; nothing is sent. This is the EU minimum only: Member States may set higher interest or compensation and different day counts, and non-euro Member States use their own central bank's rate. Every rate and rule names its source, as_of date and verification level. Read-only; nothing is stored.

Sources: Reference data from official sources (ecb.europa.eu, eur-lex.europa.eu, oeil.europarl.europa.eu); every answer states its source, date and validity period.

Privacy

The publisher, Unify Dynamics LLC, states that tool inputs are processed in memory and not retained.

Data not collectedNo account, no profile, no stored prompts or results.

What it can do

8 tools, grouped by job. Every one is read-only or compute-only.

OpenAPI
Look up & validate1 tools
  • List rate historyHalf-year EU-minimum rates since H2 2023 with the ECB decision behind each, and the ECB rate changes in the table.
Calculate1 tools
  • Compute late interestSimple late-payment interest on a principal from the day after the due date to a payment or claim date, half-year by half-year at the EU-minimum…
Build & format1 tools
  • Draft reminderDraft payment reminder citing the EU-minimum interest and the EUR 40 fixed sum, for the owner to review; it is never sent.
Reference & guides5 tools
  • Statutory rateEU-minimum statutory late-payment rate for a half-year: the ECB main refinancing rate in force on 1 January or 1 July plus 8 percentage points…
  • Fixed recovery feeThe EUR 40 minimum fixed compensation for recovery costs under Article 6 of Directive 2011/7/EU and the limits of what the EU minimum says.
  • Payment due dateDue date from a contract date or term, or the 30-calendar-day default from invoice receipt, goods receipt or acceptance, with 60-day (business)…
  • Term checkTest an agreed payment term in calendar days against the 60-day business and 30-day public-authority limits of Directive 2011/7/EU.
  • Revision statusWhere the proposed Late Payment Regulation (COM(2023) 533) stands, and that Directive 2011/7/EU remains the rule in force.

Information

PublisherUnify Dynamics LLC
CategoryMoney & business
LanguagesEnglish
Built forEuropean Union
CompatibilityAny MCP client · any agent · REST
Version0.1.0
MCP endpointhttps://eu-late-interest.connectorbay.com/mcp
REST APIopenapi.json
SupportGet help · Status
CountryEuropean Union
FunctionsInvoicing & tax, Funding & grants
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Get EU Late Payment Interest

Free · No sign-in · Read-only

Streamable HTTP, stateless, no authentication. Paste the endpoint into any MCP-capable agent.

https://eu-late-interest.connectorbay.com/mcp
{
  "mcpServers": {
    "eu-late-interest": {
      "type": "http",
      "url": "https://eu-late-interest.connectorbay.com/mcp"
    }
  }
}