Debt collection Asia
- Debt collection throughout Asia – by local representatives in your debtors’ countries.
- Risk-free. Pay only if we succeed.
Get paid from your Asian customers!
If you need help with smooth and efficient debt collection in Asia, Oddcoll can help. Read more to see how!
Debt collection in Asia – In three easy steps.
Create an account on our debt collection platform and upload your receivables against your Asian customers.
Your claims are recovered by our local debt collection agencies and law firms located in the same country as your debtors.
Once the money is collected, it is immediately transferred to you.
Some reasons to use Oddcoll to collect your Asian receivables.
Always carefully selected national debt collection agencies and law firms wherever in Asia you have debtors.
Who are specialists in getting debtors in their jurisdiction to pay.
Who speak the same language as your debtors.
You can manage your cases quickly and easily online on our international debt collection platform.
How does Oddcoll differ from other debt collection services?
Oddcoll is an international debt collection platform, specifically designed for international companies selling their goods or services abroad.
Debt management against customers abroad is notoriously cumbersome and time-consuming. This is because national rules in the debtor’s country determine how the debt collection process is carried out.
This problem for international companies, Oddcoll has solved by bringing together the best performing debt collection agencies and law firms around the world to our debt collection platform. When you need help with debt collection in Asia, we’ll make sure the best debt collection agency or law firm in your debtor’s country works on your case.
All you need to know about international debt collection in 60 sec.
Our debt collection agencies and law firms in Asia.
Asia is made up of many countries and jurisdictions and they all have different practices as to whether debt collection agencies or law firms are responsible for collecting overdue invoices.
We make sure to maximise your chances of getting paid by using the option that is most appropriate in each country.
We have selected our debt collection partners in Asia based on their track record and customer satisfaction. Of course, they are all licensed by the country’s authorities to conduct debt collection activities in their country.
So you can rest assured that the debt collection process will be done properly and in a way that will never damage your customer relations in Asia.
Risk-free recovery of debts in Asia.
The cost of recovering your Asian claims is 19.5% of the amount recovered, regardless of which Asian countries you have debtors in.
So you get back 80.5% of the amount recovered.
The pricing model means that our debt collection agencies and law firms have the same incentive as you to ensure that the money is actually collected.
The Asian countries we are covering:
We currently cover the following countries in Asia: Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Uzbekistan, Bangladesh, China, India, Indonesia, Laos, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, the United Arab Emirates and Vietnam.
About debt collection in Asia.
Asia is the biggest continent in the world. It is home to 49 states, each with its own legal system and jurisdiction.
When collecting a debt from a debtor in Asia, the following applies: the laws and regulations of the Asian country where the debtor is located apply to the proceedings.
This means that, for example, if you are collecting a debt from a company in India, Indian rules will apply to the whole process. From permits to conduct debt collection activities, to procedural court rules if you need to escalate the claim to legal debt collection in Asia. As a creditor, you therefore need to take into account a variety of rules and procedures depending on which countries you have debtors in.
Regardless of where in Asia you are trying to collect a debt, the starting point is that the collection process is initiated at the out-of-court stage. This is where debt collectors and law firms try to get the debtor to pay without having to go to court.
National debt collection agencies and law firms are able to do this because they are specialised in the local practices of their specific country. It is also usually made clear to an Asian debtor that failure to pay means that legal action will be taken, with increased cost and time.
Should the extra-judicial collection stage in Asia not help in getting a debtor to pay, the next step is to go to court. The procedural legal rules in Asian countries differ significantly depending on the legal tradition of the country.
This is how our debt collection service works.
Do you need help with debt collection in Asia? Then you’ve come to the right place!
Oddcoll helps companies that have sales abroad and are having difficulty getting paid by their debtors in Asian countries. If you have any questions, don’t hesitate to get in touch. Want to get started with debt collection? Simply create an account and upload your Asian receivables.
See how easy it is to get started with your case!
Oddcoll is a service for international debt collection.
We make it easy for companies to get paid from their customers abroad.