International Debt Recovery
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International Debt Recovery
At Redwood Collections, we specialise in simplifying the complexities of international debt recovery.Â
With expertise in navigating diverse legal, political and financial systems worldwide, we ensure a seam you recover outstanding debts, no matter where your debtor is located. Trust Redwood Collections to securless process to helpe what’s rightfully yours, globally.
Global Reach, Trusted Partners
Through our strategic partnerships with trusted overseas agents, we offer a truly global service. Our network enables us to pursue debts in multiple countries, ensuring your case is handled professionally and efficiently, no matter where the debtor is located. With our in-depth knowledge of international debt recovery laws and practices, we aim to collect debts in-house under our standard commission rate of 15% before involving our overseas agents, which may incur additional fees.
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Handling Fees for International Debts
Referring an overseas debt to us incurs a one-off handling fee to cover the necessary administration costs. These fees are based on the value of the debt:
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Debt balance under £1000: £75.00
Debt balance under £10,000: £145.00
Debt balance £10,000+: From £495
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This fee covers the initial administrative steps needed to pursue your case on an international scale.
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International Commission Rates
Once your case has been referred to one of our overseas agents, an alternate commission structure will apply. Below are our international commission rates, depending on the debtor's location:
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European Union: 25%
Including 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%
Including Armenia, Azerbaijan, Belarus, Bulgaria, Georgia, Hungary, Kazakhstan, Kirghizia, Malta, Moldova, Mongolia, Romania, Russia, Serbia, Slovakia, Tajikistan, Turkey, Turkmenistan, Ukraine, Uzbekistan.
Middle East & Africa: 35%
Rest of the World: 45%