GREETINGS FROM ,
THE JOB FACTORY!!!!
Hiring for International Banking Collections SAL UPTO 6LPA
WORK TYPE--FULL TYPE
LOCATION-BANGALORE
5 DAYS WORKING 2 DAYS OFF
CAB---1 WAY CAB BASED ON SHIFTS
SALARY---30% TO 40% HIKE ON LAST DRAWN CTC
IMMEDIATE JOINERS ONLY FOR MORE DEATILS CALL
HR PAVITHRA T ---95388 78908
EMAIL ID
[email protected] In banking, collections are services through which a bank collects money on behalf of a customer from another party. Collections are commonly used in trade finance, cheque clearing, and recovery of overdue loans.
The main types include
1. International (Documentary) Collections
- Used in import and export transactions.
- The bank collects payment against trade documents.
- Common methods
- Documents are released only after payment.
- Documents are released after the buyer accepts a time draft.
- Only financial documents (such as cheques or bills of exchange) are sent for collection.
- No shipping or commercial documents are involved.
- The bank sends documents or instruments to another bank to collect payment on behalf of its customer.
- The bank receives documents or instruments from another bank and collects payment from its customer before remitting the proceeds.
Typical responsibilities include
- Contacting customers regarding overdue payments.
- Explaining outstanding balances, due dates, and payment options.
- Negotiating repayment plans when appropriate.
- Processing payments or directing customers to payment channels.
- Updating customer records in the CRM or collections system.
- Following client policies and applicable regulations.
- Escalating disputed accounts or complex cases.
Key skills:
- Strong spoken English and explicit communication.
- Active listening and negotiation skills.
- Customer service and conflict resolution.
- Basic computer and CRM proficiency.
- Ability to work in shifts aligned with overseas time zones.
FOR MORE DEATILS CALL HR PAVITHRA T ---95388 78908
EMAIL ID
[email protected] THE JOB FACTORY!!!
📌 Hiring For International Banking Collections SAL UPTO 6LPA (Bengaluru)
🏢 The Job Factory
📍 Bengaluru