Bills of Exchange Collection Service

Bills of Exchange Collection Service is intended for those who are using Βills of Exchange as a means of commercial transactions with their customers.

You only have to assign the actual Bills of Exchange to Piraeus Bank, who will take care of their whole monitoring and management collection, via:

• their safe keeping
• the monitoring of their expiration dates
• the information of your debtors
• their collection

The use of “Bills of Exchange Collection Service” will also benefit your customers. They receive written notification with analytical details for each bill of exchange and instructions for their payment. Also they are notified about the full address of their nearest Piraeus Bank’s branch where the payment will take place.

With the payment completion, your customers receive back the actual Bill of Exchange.

You can have access to your bills of exchange portfolio and credit balance, online through Piraeus e-banking.

You can instantly get information for any Bill of Exchange payment and credit to your account through email or SMS Piraeus alerts.