If your company trades abroad, you might be using considerable resources collecting from debtors in the various countries.
Collection Service makes the process much more efficient, eases the administrative load and gives your company real savings. You can use it to collect payments from debtors around the world.
What is Collection Service?
You deliver all your collection information electronically in a file to the Bank. We print and send your company’s invoices to customers both in the UK and abroad. You need to communicate with only one service provider instead of a service provider in each country. This gives you several advantages:
- improved liquidity management
- fewer administrative tasks
- the possibility of a faster reminder procedure
- fewer manual payments to handle
- ease in repaying amounts to customers
Invoice collections can be printed in English, German, French, Spanish, Danish, Swedish, Norwegian and Finnish.
Collection Service was developed by Danske Bank originally for use in northern Europe, where it offers direct debit payments in several countries. But it provides the same results in the United Kingdom and almost anywhere else in the world.
To learn more about the programme, visit the Danske Bank’s Collection Service site.