Debt collection in international trade.

When dealing with cross-border trade, collecting debts swiftly can be particularly challenging. You often see long credit terms and big financial risks in this area. With 22 years of experience in international debt collection services, we’re well-equipped to handle these challenges and get your debts paid back quickly. We understand the urgency in some cases, especially with goods that have a short shelf life or are time-sensitive. Our debt recovery agents are adept at tailoring our approach to fit the specific needs of each industry, ensuring efficient debt recovery in the diverse and fast-moving world of cross-border trade.

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Top challenges in international trade debt collection

Variations in Collection Practices

Debt collection practices in international trade differ greatly from one country to another. For example, while phone-based collections are effective in Hungary and Poland, they might not work as well in other regions. This makes standardized debt collection challenging. Our international debt collection services cover this area. We have expert solicitors who are well-versed in various countries' collection methods. Our personalized approach, backed by the ability to travel for collections, ensures effective debt recovery tailored to each country's specific practices.

Diverse Legal Regulations

Each country has specific laws that impacts international debt recovery differently. Some countries may have restrictions on payment methods for settling debts, such as the use of credit cards. As an international debt collection agency, we understand the legal frameworks of many EU countries and most continents worldwide and can navigate these regulations efficiently. Clients benefit from having a personalized caseworker with vast expertise in the specified country, ensuring compliance and successful debt recovery.

Court Operation Differences

Courts around the world vary in how they handle outstanding debts, which adds complexity to international debt recovery. Time limits for pursuing debts can differ significantly from one country to another. Byrival's team, adept at adapting to these varying legal environments, ensures the right legal strategies are employed. Our ability to travel for collections and our network of experts across many EU countries mean we can effectively manage these legal disparities on behalf of our clients.

Tactics by Debtors

In international trade, debtors often move assets across borders to avoid enforcement. This tactic complicates the debt collection process, sometimes leading to minimal recovery. Our debt collection agency specializes in overcoming such challenges. Our global network and resources, combined with our capacity to travel for collections, enable us to effectively track and recover debts. Clients are supported by caseworkers with extensive knowledge in specific countries, enhancing our ability to address evasion tactics and secure successful outcomes.

Service offering

No Cure = No Pay

We work on a No Cure = No Pay basis. This means you only pay commission fees if we successfully recover your money in international trade dealings. If we succeed, we’ll send you an invoice for our debt recovery services, which, in many cases, is covered by the debtor.

No unexpected costs

For each commercial debt recovery service, we have a clear and upfront start-up fee ranging from €75 to €175. This fee reflects our commitment to managing each case with the attention it deserves, unlike larger agencies that may not give your case the necessary focus. We guarantee no hidden costs or fine print in our agreements.

Amicable procedures

Our B2B debt collection agency aims to resolve cases amicably, aiming to keep costs down and settle matters swiftly. Legal proceedings are generally more expensive and time-consuming. We successfully resolve about 95% of our solved cases through amicable procedures, especially beneficial in the diverse landscape of international trade

Legal procedures

In some international trade cases, legal action is necessary for debt recovery. Byrival collaborates with various law firms globally, ensuring access to specialized legal expertise in your debtor’s country. This network allows us to handle legal complexities effectively.

Travel to Collect

Personal visits to debtors, anywhere in the world, are our specialty and often the most effective way to recover debts in international trade. Our debt recovery specialists are prepared to travel globally to collect payments, emphasizing our commitment to successful debt recovery.

Personal contact

Start with a free consultation today. Our collection specialists are ready to answer your questions and discuss your case and our strategy for international trade debt recovery. Each client has a personal contact who is fully aware of their case.

Let’s start

Get your free consultation today.

We are happy to answer your questions. Feel free to contact one of our debt collection specialists today to discuss about your case and our strategy.

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Compliance & regulations details

Late Payment Directive (2011/7/EU)

Aims to combat late payment in commercial transactions. It sets out maximum payment periods and allows businesses to claim compensation for late payment. This directive plays a significant role in international trade debt collection by ensuring that creditors have a right to timely payment.

Rome I Regulation on the Law Applicable to Contractual Obligations

Determines which national law applies to contractual obligations in civil or commercial matters involving more than one country. This is crucial for international trade debt collection as it affects the interpretation, performance, and enforcement of cross-border contracts.

EU Insolvency Regulation (2015/848)

Governs cross-border insolvency proceedings within the EU. It ensures coordination of insolvency proceedings across EU member states, which is essential for creditors involved in international trade debt collection when a debtor is insolvent.

Cross-Border Debt Recovery in the EU - European Account Preservation Order (EAPO)

Allows creditors to preserve funds in a debtor’s bank account in cross-border cases. This regulation helps creditors by providing a means to prevent debtors from moving or withdrawing funds from their accounts during debt collection proceedings.


Industries we operate in

As an international debt collection agency, Byrival can collect in any industry worldwide. For some industries we have a lot of customers, so we gained a lot of expertise in the past 22+ years. Do you have cases outside these industries? No worries, we can help you!

FAQ on international debt collection

It’s recommended to first contact your cross-border client directly. However, communicating with a foreign debtor can be more challenging due to language barriers and different trade cultures. Adjusting your international debt collection policy to fit your debtor’s context is important. If direct contact isn’t successful, transferring the claim for collection to a specialist like Byrival is recommended.

It’s a common misconception that collections can only start in the debtor’s country. In fact, you can transfer your claim for collection regardless of where your debtor is located, and our overseas debt collection agents will handle everything. Providing details such as your debtor’s information and the outstanding invoice can be enough to kickstart this process.

When dealing with foreign debt collection, the choice of a specialist often depends on the nationality. For instance, a Spanish collection case will usually be handled by an Spanish specialist who understands the language, local trade traditions, and legal nuances. The complexity and sector of the case are also considered to ensure the best match.

If a debtor refuses to pay despite legal actions, collection agencies or legal representatives may explore alternative enforcement measures like seizing assets or garnishing wages. The specific approach depends on the debtor’s financial situation and the circumstances of the case.

To avoid future international debt collection challenges, it’s vital to conduct thorough due diligence before extending credit, maintain clear communication with customers, and enforce strict credit policies. Regularly monitoring customer payment behavior and taking timely action when issues arise can help mitigate potential collection problems.

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