The people behind the recovery

INTERCOL is an international B2B debt collection network built by former bankers who understood one thing: recovering commercial debt across borders requires local knowledge, legal precision, and the kind of persistence that polite reminders simply cannot achieve.

INTERCOL was founded in late 1999 by a team of former international bankers from Diners Club International and Citibank UK. The founding principle was straightforward: commercial debt recovery across borders was broken, and the people best positioned to fix it were the ones who understood how international payments actually worked — not from a textbook, but from years of managing them.

The problem they saw was consistent across every market. A company in Germany ships goods to a buyer in Spain. The invoice goes unpaid. The German creditor contacts a local Spanish lawyer, who is excellent at Spanish law but has no context for the commercial relationship, no understanding of the creditor's urgency, and no network to escalate if the initial approach fails. The lawyer sends letters. The debtor ignores them. Six months pass. The creditor writes off the debt and resolves never to sell to Spain again. International trade loses another participant.

INTERCOL was built to prevent exactly this scenario. Instead of a single lawyer in a single jurisdiction, we assembled a network of recovery specialists across Europe, the Middle East, and beyond — each with deep local expertise, but all operating within a coordinated framework that ensures cases don't stall, debtors don't disappear into procedural complexity, and creditors don't wait months for updates that never arrive.