Enhance your credit management, help reduce the cost of professional debt collection and minimise bad debts
Available exclusively for QBE Trade Credit Policyholders#
Why TradeCollect?*
- Enjoy preferential pricing from Credit Solutions International Ltd (CSIL) for all your debts
- 100% reimbursement (up to $10,000) of your CSIL debt collection fees on each Insured Debt. Debts must be placed no later than 30 days after your Policy’s maximum extension period (MEP)*
- If you prefer to use your own professional collection agent or solicitor, reimbursement is still available (up to $8,000)*
- For debts lodged after 30 days past your Policy’s MEP, a reduced reimbursement will apply (up to $4,000 for legal fees only)*
- In respect of your customers domiciled outside of New Zealand or Australia you benefit from access to reimbursement (up to $8,000) for your internationalprofessional collections and legal recovery fees
How TradeCollect works
- Request the TradeCollect endorsement to be added to your eligible QBE Trade Credit Policy
- Contact and register with CSIL
- Then you can promptly lodge your overdue debts via CSIL and monitor progress
- To obtain reimbursement simply present QBE with paid professional collections or solicitors invoices and a completed reimbursement form
- QBE Trade Credit will reimburse you for all eligible fees
Want to know more?
- Contact your insurance broker or QBE Trade Credit to see if TradeCollect is available to you
#TradeCollect may be added to Comprehensive (AP) & some Selective (AP) policies
*Available in respect of your customers in New Zealand and Australia that have Insured Debts under the Policy
Note: Conditions apply as set out in the Policy wording and the TradeCollect policy endorsement. All currency amounts on this flyer are in AUD$ or the equivalent amount in the Policy currency.
Credit Solutions International Ltd
is a leading provider of commercial debt recovery services
NZCO 3640151
QBE Trade Credit
Part of QBE Insurance (Australia) Limited
ABN 78 003 191 035 - Incorporated in Australia
