collection order - a payment document, through which the write-off of certain amount of money in an indisputable order from the payer's account.In other words, calculations under the collection are some banking operation, which would produce a banking institution on behalf of the client on the basis of certain payables owed money on behalf of the payer.This involves the payment of goods and services received by such earlier when enrolling them in his bank account.Collections can be defined as the assignment of creditor (seller) to its banking institutions received from the payer (buyer), either directly or through another bank some amount of money or a confirmation of the payment of this amount on time.Areas of use
collection orders
Collection orders apply:
- at collecting funds without recourse to the procedure established by the relevant legislation;
- when collecting debts to the budget control authorities;
- in collecting the documents the nature of the executive;
- as part of the basic contract, provided the parties with the condition of the banking institution, responsible for the maintenance payer, the right to cancellation of its funds without his orders.
The main types of collection documents
collection order - a document brought by the payer for certain calculations.The literature contains following types of such securities:
- clean collection, which must be accompanied by a check or bill of exchange;
- documentary collections represented an act of reception of works or account for the goods.
Banking institution with access to the client's request takes the work of the corresponding collection order.This is exactly the demand for payment that is applied to the account of the client (the payer).This
banking operation carried out in conjunction with the acceptance of such a calculation.This form requires the immediate shipment of goods under existing contract, regardless of whether the payment is received from the buyer for it or not.Last pays the cost of products in the preparation of the entire package of accounting documents with the implementation of pre-screening by the seller of its quantity, price and quality in accordance with the terms of the contract.
Filling the collection order
There is a special form to fill in the collection order.Thus, in an indisputable order recovery of funds within the law must specify the purpose of payment as a reference to the relevant law.
for the Recovery of executive documents there are also some features in the filling being made in the collection instruction.This is a reference to the date of the execution document with the obligatory indication of its rooms, the case where a decision on enforcement.
