Buying trade receivables

Filter.   Bid.   Done.   The rest works automatically.

1

Filtering



Auction

Easy Sourcing

Investors source target receivables from a pool of uploaded trade receivables by just filtering receivables attributes and payment behavior risk metrics, gained from automatic payment initialization via TrustBills.

Trade Receivables
A New Asset Class

Dr. Christian Schmitt discusses trade receivables as a new asset class.

2

Bidding



Three bidding options

Manual Bidding

Manual


Place bids for individual auctions.
Autofill

Autofill


Parameterize bid preferences and automatically fill bidding forms based on these preferences.
Automatic Bidding

Autobidding


Use algorithmic trade functionality.

3

Payment Assignment



Automatic payment

After the buyer wins the auction, the auction price gets transferred from their main bank account to the seller's bank account automatically.
Assignment
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Assignment

Assignment contract

The buyer of the trade receivable automatically receives a digital assignment contract.

4

Payment on Due Date



The buyer will receive the entire amount paid by the debtor immediately after payment.

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Banks

Proxy Payment


TrustBills automatically detects when the debtor pays the notional of the specific trade receivable to the supplier's bank account and initializes a transfer to the buyer's main bank account.
Banks

Direct Payment


The debtor is notified about the assignment and agrees to directly pay the buyer of the specific trade receivable.

5

Reminder



What happens in case the debtor does not pay?

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Undisclosed Assignment


Undisclosed Assignment
In case of an undisclosed assignment the supplier receives two reminder emails. The third reminder message arrives via physical mail to the supplier and the receivable buyer. The final reminder stage is a message to the supplier and the receivable buyer (dunning case).

Disclosed Assignment


Disclosed Assignment
In case of a disclosed assignment the supplier receives two reminder emails of which the second also goes to the receivable buyer. The third reminder message arrives via physical mail and goes to both the supplier and the debtor. The final reminder stage is a message to the supplier and the receivable buyer (dunning case).

6

Post Trade Function



Transaction

Receivables purchases and accounting information with .csv-downloads

Report

Report generator about purchase history and profit and loss analyses

Risk

Risk management

Position

Position overview