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    Idcc - International Agreement 2024

    Uploaded by

    iman

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Idcc - International Agreement 2024

    Uploaded by

    iman
    14 views2 pages

    Copyright

    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    14 views2 pages

    Idcc - International Agreement 2024

    Uploaded by

    iman

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 2

    Snof Financial Services Ltd

    International Debts Collection Center


    Agreement for debts collection services

    Services: The undersigned (hereinafter- the "Client") appoints to IDCC -International Debts Collection Center
    which is a trading name of Snof Financial Services Ltd I.D. 516083839 (hereinafter- the "Company") to provide
    debts collection services. The Company will collect the debts only after receiving an explicit instruction from the
    Client and signing a power of attorney attached as Appendix A to this agreement. The company will maintain
    complete confidentiality and will not disclose information brought to its attention in the course of its activities
    under this agreement to any person and /or corporation and/or body, other than the people who take part in
    performing the work on its behalf. The Company will operate in full transparency with the client.

    1. International Debts Collection Services

    The company will act in accordance with the law to exhaust the procedures for carrying out debts collection
    proceedings from the debtor: demand for payment, telephone calls ,etc. The Company declares that it and all
    those acting on its behalf, act and will act at all times in accordance with the law in all their actions to collect
    debts from the debtors; That it and all those working on its behalf have the knowledge and experience required
    to carry out the collection operations efficiently, professionally and in accordance with the law; And that it holds
    and will hold at all times during the term of this agreement all the licenses and permits required by law for the
    purpose of its activities (insofar as they are required and / or will be required in the future).

    The commission: In respect of the said collection services, the Client will pay the company, after receiving the
    funds in the Client's account, a fee at the rate of 20% of the amount (net) that will actually be transferred from
    the debtor. Debited funds will be transferred directly to the Client's bank account and fees will be transferred
    to the company by the Client as stated in this agreement within 5 business days from the date of submission of
    a detailed collection report for collection made in the previous month and against a lawful tax invoice.

    All fees quoted are subject to VAT where applicable. In the event of receipt of the debt in cash or cash
    equivalents directly to the Client, the Client will credit the company in the amount agreed upon. Agreed in the
    agreement.

    Due to the fact that not in all countries it is possible by law to determine the fee on the basis of success only,
    the conditions will be transferred to the prior approval of the Client, who may accept or reject them. If the client
    decides to discontinue treatment before the start of legal proceedings for reasons of unprofitability, he will
    notify the company which will take care of the termination of the proceedings abroad. In this case, the client
    will not be charged any fees.

    To the extent that such collection proceedings are not successful, the Company will recommend to the Client to
    transfer the collection procedure to the channel of taking legal proceedings, subject to the prior written consent
    of the Client. All legal proceedings will be conducted in accordance with a settlement arrangement with an
    attorney, which will be chosen by the client. Court fees and expenses, if any, will be subject to the client's prior
    approval.

    www.idcc-debts-collection.com www.israel-dc.com info@idcc-debts-collection.com


    The parties declare that they are aware that by virtue of the circumstances the actual collection operations are
    carried out by collection agencies in the debtor's country. The company's liability is therefore reduced to dealing
    with collection factors including inspection and follow-up, But will not apply to their actions or omissions. Upon
    completion of the collection proceedings or any part of it the company will transfer the amount collected less
    the agreed fee, which includes both its fees and the fees of a collecting agent abroad up to 10 days from the
    date of collection.

    During the agreement period, the client will avoid any collection actions in relation to the debts whose collection
    has been transferred to the company and negotiations will take place with the debtors in respect of the said
    debts only in full coordination with the company.

    3. Period of the engagement: The company reserves the right to amend the Agreement and any such
    amendment will not affect agreements which by that time are already concluded between the company and
    the Client. Any amendments to the Agreement concluded between the company and the Client shall be made
    in writing, requiring the signature of both parties. This requirement may not be waived by verbal declaration.

    4. Status: The parties declare that between the Client and / or anyone on his behalf and between the
    company and / or anyone on its behalf, no employee and employer relationship exists,that if the relationship
    between the Client and the service provider only, and that the company's position towards the Client will be the
    same as his status of independent contractor only.

    5. Other: (a) All Annexes to the Agreement shall form an integral part of this Agreement. (B) It shall be
    emphasized that the transfer of the collection case to the Company charges the Client with the full payment,
    whether paid by the Client through the company or paid directly to the Client after transfer of the case to the
    company.
    (C) If the debt is not collected for four months from the date of transfer of the debt by the client to the
    company, the client may to order the company to cease the collection operations in respect of the same debt
    without any fee on the part of the client.

    Date: ____________

    Company Name:_________________ Signature:___________

    Company Name: Snof Financial Services Ltd Signature:___________

    www.idcc-debts-collection.com www.israel-dc.com info@idcc-debts-collection.com

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