• Creance - You Trust We Deliver

    Trust in The Creator. Integrity, promise keeping, fairness, respect for others and honesty guides our conduct and actions. We value and utilize the knowledge and talent of our stakeholders for achieving organisational goals in a transparent and ethical manner.
  • Service Excellence

    Excellent services to stakeholders, treating them as partners, by listening, understanding, responding fairly and measuring up to their satisfaction. We rest with nothing less than the very best in everything we do.
  • Customer Focus

    Serve customers openly, honestly and sincerely. When we make a promise we honor it. We offer our customers products of high international standard for value.
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  • International Credit Reports
  • Debt Collection - International
  • Anti Money Laundering Services
  • Individual Screening Reports

International Credit Reports

The importance of seeking Credit reports on a counter party can hardly be over emphasized to a prudent banker. Credit checks are a global norm and one of the major tools for any effective risk management system.

Why

Bankers need a credit report to manage their risks judiciously and assure themselves of their due rewards

Who

Facilitating international trade is a profitable business for the banks

What

A credit report coming from a reliable and experienced source containing updated information on the counter-party

When

Perhaps immediately. Certainly not after exposing himself to the risk. Therefore, time is of the essence.

Debt Collection - International

Collection of past due debts directly adds to the bottom line. Paradoxically, it appears that banks are hesitant to outsource such collection. This is not without reason. There is infact a dearth of reliable world class debt collection partners available to banks. IFI's services bridge this gap.

Receivable

Providing regular solvency information on counter parties. Monitoring and following up payments on an agreed repayment schedule

Overdue

Collection / Recovery with or without legal recourse

Collection

Global Debt Collection Services* are provided in association with renowned associates who possess adequate experience of this business stretching over many decades

Contingency

Buying Accounts Receivable and Buying Overdue Accounts

Anti Money Laundering Services - AMLS

In today's ever shrinking world, the importance of Know Your Customer - KYC cannot be overemphasized.Institutional regulators worldwide have set high standards in respect of Risk Management, focusing particularlyon Anti Money Laundering (AML) and Countering Funding to Terrorists (CFT) practices in banks.

BANKS

Banks are required to follow regulations related to AML and CFT. These include State Bank of Pakistan - Directives / Prudential Regulations

EU – Directives

EU requiring extended due diligence measures Banks are subject to higher international monitoring and controls and non compliance to these regulations attract very high penalties.

AML SERVICES

Reviewing the customer relationships established and activities in the accounts in line with the SBP Prudential Regulations. Development of integrated software to enhance banks' capacity in monitoring account relationships

IFI CONSULTANTS

IFI is a related organization of ACAMS – The Association of Certified Anti Money Laundering Specialists organization, USA. This organization serves as the platform for career development and professional networkingfor individuals operating in the rapidly expanding AML field

Individual Screening Reports

Developed countries of the world have strong integrated database systems in place even then job seekers tend to hide / falsify information about their education, experience and references etc. According to findings of the United Kingdom's Risk Advisory Group's 6th Annual Survey of CV Lies, 6 out of 10 jobseekers lie when applying for a job while 10 percent job applicants have a criminal record.

Why ISR/KYE

ISR / KYE of job applications is a specialized task also requiring domestic and international sources and a network that may not be affordable for the HR Department of an employer; whereas the service provider's main job is to obtain local and global verifications in an independent, cost effective and most efficient manner.

ISR

In many countries, periodic screening of existing as well as prospective employees is mandatory. The Financial Action Task Force (FATF) recommendations on Money Laundering include the development of adequate screening procedures to ensure high standards when hiring employees

KYE

There are fake universities in existence and fake companies that provide fake experience documents. It is estimated that 10 percent of hires cause 90% of headaches. 20 percent of resumes contain major inconsistencies

Advantages

The employer will benefit in many ways such as, Reduce high staff turnover, Avoid negligent hiring lawsuits, Mitigate low employee morale