CAT / FIA FFM Syllabus F. Credit Management - Follow-up processes - Notes ^{2 / 7}

Could include the following steps:

• (Before payment due date) – Reminder to prepare payment;

  If payment is not made punctually (i.e. past due):

• Reminder to execute payment;

• Inform that penaties will be charged;

• Advice that further delivery is stopped;

• Advice that receivable will be sold to a factor or referred to legal action