That’s why at Redwood Collections, we offer a streamlined international debt recovery service, ensuring that no matter where your debtor is located, we can help you recover what’s rightfully owed.
Global Reach, Trusted Partners
With our extensive network of trusted overseas agents, we provide a truly global service. Our partnerships empower us to pursue debts in multiple countries, ensuring that your case is handled professionally and efficiently no matter the location. We leverage our deep understanding of international debt recovery laws and practices, aiming to recover debts in-house at a competitive commission rate of 15% before engaging overseas agents which may involve additional fees.
Why Choose Redwood for International Debt Recovery?
Experienced Team: Our specialists are experts in the complexities of international debt collection.
Global Network: Our partners across the world ensure your case is handled by professionals familiar with local legal systems and cultural considerations.
Transparent Fees: We provide clear, upfront handling fees and commission rates, ensuring you transparency from the start.
Commitment to Results: Our goal is to recover your debt swiftly and efficiently, minimising disruption to your cash flow.
Handling Fees for International Debts
Referring an international debt to us incurs a one-time handling fee to cover the necessary administrative steps. The fees are structured based on the debt value:
Under £1,000: £75.00
Under £10,000: £145.00
£10,000+: Starting from £495
These fees cover the initial steps required to initiate debt recovery on a global scale.
International Commission Rates
Once your case is assigned to one of our overseas agents, a separate commission rate will apply. The rates are as follows, depending on the debtor’s location:
European Union: 25%
(Includes Austria, Belgium, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Spain, Slovenia, Sweden, Isle of Man, Guernsey, Jersey.)
Other Europe: 30%
(Includes Armenia, Azerbaijan, Belarus, Bulgaria, Georgia, Hungary, Kazakhstan, Kyrgyzstan, Malta, Moldova, Mongolia, Romania, Russia, Serbia, Slovakia, Tajikistan, Turkey, Turkmenistan, Ukraine, Uzbekistan.)
Middle East & Africa: 35%
Rest of the World: 45%
These commission rates reflect the challenges and complexities associated with debt recovery in different regions.
With Redwood Collections supporting you, you can confidently expand your business globally ensuring you Grow Stronger.