Local & Global Debt Collection is ICIL-Pakistan Business Units .
ICIL Global Debt Collection have close business relation with world's Four Largest Debt Collection companies and have 80 Debt Collection Agents in over 100 Countries .
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ICIL Global Debt Collection for Pakistani Exporters
1. ICIL Global Debt Collection
Objective
In order to quickly recover stuck up export proceeds, NBP to consider asking exporters seeking
export refinancing to provide signed copy of Annual Subscription agreement with a Global Debt
Collection company who have worldwide Debt Collection network like ICIL.
Beneficiaries of ICIL Proposal
• Exporters
• Government who wants maximum inflow of foreign exchange
• Banks who wants maximum / quick role back of loan given as export refinancing
• SBP as Foreign Exchange Regulator wants regular flow of foreign exchange
• Debt Collection Company
2. Risk of Doing Business Globally
Due to COVID, bankruptcies are rampant and doing business globally is becoming riskier day-by-day.
Bankruptcies in Countries where Pakistan Exports
https://tradingeconomics.com/country-list/bankruptcies
(A) ICIL’s Local & Global Debt Collection Service
• Locally ICIL is Pakistan’ only Debt Collection company with its branch office and field staff network in all
major industrial Cities &Towns (https://icilpk.blogspot.com/2021/10/icil-local-debt-collection.html)
• NBP through public tender has selected / appointed ICIL for collection / recovery of defaulted amount
and ICIL is already providing Debt Collection service to NBP
• Globally , ICIL have four major International company as its strategic partners and 80 other collection
agencies with coverage in more than 100 countries (https://youtu.be/pymSIfJpBfg)
• ICIL is also Member of American based Association of Credit & Collection
(https://www.acainternational.org)
3. The Role of ICIL
• Signing Annual Subscription with the Exporter –
•
• Surveillance of foreign buyers by providing two or three Business Credit Report (FCR ) on foreign buyer
Company during the Credit Period extending by the exporter ( Subscriber )
• After the expiry of Credit period , if the subscriber ( Exporter) wants ICIL to be engaged in recovery of
the Export proceed, ICIL will review the status of stuck up amount as per its partner parameter
• If the stuck amount is not under litigation or foreign buyer and buyer have no quality dispute , ICIL will
forward the case to its foreign collection partner
• ICIL will receive collection update from its collection agent which ICIL will provide to the exporters
ICIL Debt Collection
Click on webpage
https://www.icilpk.com/global-debt-collection.html
Click on Video & also see attached file
https://icilpk.blogspot.com/2021/12/icil-annual-subscription-of-global-debt.html
4. Successfully settled cases by ICIL around the Globe
With a very high success rate in getting our costumer paid, In the past few years ICIL managed to
settle stuck up amount around the globe of different creditors.
Cases Successfully settled: 225
Amount in USD: $ 6,000,386.6
Amount in PKR: 1,058,468,196.24
Currently ICIL Managing the portfolio of recovery for stuck up proceeds around the globe.
Amount in $: 2,471,658
Amount in PKR: 435,798,783.91
• Recommendation letters from Foreign collection agencies
5. ICIL Global Debt Collection Partners
Intrum Justita -
With 24 offices and a global partner network, Intrum is providing debt collection across 180 countries.
This gives Intrum access to local market knowledge, with a local presence that can ensure you are paid
on time. Intrum know how to deal with your customers, regardless of language or time zone, and it
take local business practices and cultures into account. Intrum use up-to-date local market data to
offer services like payment monitoring, reminder services and collection services.
Click webpage
https://www.intrum.com/about-us/business-solutions/debt-collection-services/
Click on Video
https://icilpk.blogspot.com/2022/01/intrum-justita-icil-global-debt.html
https://icilpk.blogspot.com/2022/01/intrum-justitia-debt-collectors-do-not.html
6. Atradius Collections
Atradius have experienced debt collections team, Atradius Collections, are located
throughout the world to support your collection of outstanding invoices in any country,
time zone, currency and language.
As an Atradius customer, you’re automatically able to access and benefit from our debt
collections service.
Click on Webpage
https://group.atradius.com/products/debt-collections.html
Click on Video
https://icilpk.blogspot.com/2022/01/credit-management-services-atradius.html
7. TCM Global Debt Collection
The TCM Group, is the largest group of globally minded credit management firms, legal practices and debt
collection agencies in the world.
TCM global network covers over 167 countries, where it collectively employ over 8 800 dedicated people.
All TCM global partners are well established operators and are recognized as market leaders in their countries
through their strict adherence to all legislative and compliance requirements thereby providing its clients with
a world class experience.
Each TCM partner offers a one-stop shop for companies, organizations, and individuals in need of
international credit management solutions and global commercial and consumer debt recovery services.
Click on webpage
https://www.tcmgroup.com/services/global-credit-and-collections
Click on Video
https://icilpk.blogspot.com/2022/01/tcm-debt-collection-icil-global-debt.html