Bills of exchange collection service
Manage your company's bills of exchange.
Piraeus Bank's responsibilities for bills of exchange collection
- safe keeping
- written notification to the debtors
- tracking of their expiration dates
- their payment collection
- reporting of unpaid items to TIRESIAS Bank Information Systems S.A.
Benefits for your business
Safety
- Bills of exchange are kept in a specially designed area on the bank's premises.
Reduce your operating costs
- By monitoring the payment of bills of exchange.
Comprehensive service from qualified bank staff
- Piraeus Bank undertakes all actions required for the completion of the collection process.
Credit balance monitoring
- Ability to monitor the total credit balance of your bills of exchange via Piraeus Business e-banking.
Instant credit
- Automatic crediting of your account with each payment of bill of exchange.
Immediate information
- Informative alerts via SMS or e-mail every time your account is credited.
Reporting of unpaid bills of exchange
- Ability to report unpaid bills of exchange to TIRESIAS Bank Information Systems S.A. in due date, to achieve legal claims.
Benefits for your customers
- They receive written notification with analytical details for each bill of exchange and instructions for their payment.
- They are notified about the full address of their nearest Piraeus Bank’s branch where the payment will take place.