There is a valid limit on the buyer for which the client has a receivable in his accounting.
The payment term of the receivable does not exceed the longest payment term agreed in the contract.
The receivable was properly declared to the insurer - see form, Excel file, e-ONLINE.
The receivable has been reported within the prescribed period - within 15 days after the end of the calendar month in which it arose.
The premium related to this receivable was paid on time (at maturity).
It is necessary to apply for the credit limit well in advance - at least one week prior to the delivery of goods or services. Determination of the limit (especially in exotic territories) can take several days
It is important to ask for an adequate credit limit, which will cover the expected volume of open receivables
It is necessary to mention all the requested information in its actual state (eg the current status of open receivables)
It is necessary to precisely specify the buyer´s identification (especially its ID No. and full name, including its legal status)
Only receivables incurred after the date of the Credit limit decision are insured!
Declaration of receivables - turnover declaration
It must be done no later than 15 days after the end of the calendar month in which the receivables arose
It is necessary to report all receivables, for all customers, for which the credit limit was set
If you have information about the customer's payment problems
It is necessary to immediately pass the information on to the insurer
For the smooth processing of claims
Receivable must be properly insured
Premiums must be paid in time (in respect to the claim)
Notification of a claim threat must be sent in time - within 3 months from the due date of the oldest receivable
It is necessary to send notification of the claim threat properly - see the form, e-ONLINE
It is necessary to report all open receivables of the customer
It is necessary to provide the insurer with all relevant documents relating to unpaid receivables, proving their existence and legitimacy
It is necessary to begin communication with the insurer about problems as soon as possible