Debt Collection services

At RM for Credit Assessment & Debt Collection, we are bankers first and foremost. With more than 17 years of experience in banking and corporate finance across Bahrain, Saudi Arabia and Egypt, we know that debt collection is not simply about reminders or pressure. Such approaches often end in bankruptcy and real financial losses for all parties involved.

Instead, we collect debts smartly by identifying the root causes of default, applying practical tools to resolve them, and preserving long-term trade relationships. Our mission is to minimize risk, recover dues effectively and protect the commercial partnerships that allow businesses to grow with confidence.

We combine professional credit risk analysis, legally enforceable documentation, and structured collection strategies to deliver results. Headquartered in Manama, Bahrain and licensed by the authorities, we serve exporters, suppliers, and financial institutions across the Kingdom. Our expertise also extends to Saudi Arabia and Egypt, giving you a regional partner with the tools and experience to safeguard receivables in three of the most important Middle Eastern markets.

Legal Documentation and Enforceable Instruments

In Bahrain and across the region, credit transactions often depend on postdated cheques. While useful, cheques alone are not sufficient. If a cheque bounces, creditors are forced into lengthy and costly litigation.

RM closes this gap by preparing Debt Acknowledgment Agreements. These documents are signed by your client and notarized at the Ministry of Justice. Once notarized, they gain the power of an enforceable instrument. In the event of default, you can bypass long trials and approach the Enforcement Court directly to freeze accounts, seize assets, and recover dues.

We draft contracts, annexes, and acknowledgments in strict compliance with Bahraini law, eliminating loopholes. The process is fast and efficient, normally completed within 2 working days.

Professional Debt Collection

We do not operate like traditional collection agencies that rely on endless calls and reminders. Such methods often damage relationships between suppliers and their customers. At RM, we apply a banker’s approach that combines structure, strategy, and respect for commercial ties.

Our process includes:

1. Portfolio Segmentation: Cases are classified based on debt size, delay period, nationality, and client profile.
2. Direct Contact: We reach the decision-maker, such as the owner or general manager, instead of wasting time with junior staff.
3. Personal Visits: Where appropriate, we meet clients face-to-face to understand the reasons for delay.
4. Official Communication: We send formal demand letters with clear escalation steps to ensure seriousness.
5. Negotiation and Restructuring: If the client presents valid reasons supported with evidence, we negotiate a rescheduled repayment plan.
6. Rescheduling and Documentation: Once approved by you, we prepare annex agreements and new notarized acknowledgments that make the revised terms enforceable.
7. Legal Action: If negotiation fails, we escalate with formal notices and guide you through legal proceedings. You may choose to proceed directly, or authorize RM to act through our legal partners.

This structured process protects valuable trade relationships, reduces disputes, and maximizes recovery outcomes.

Escalation Policy

We always prioritize amicable settlement. On average, an account is given up to 90 days for resolution before escalation to enforcement. Fraudulent or malicious cases are handled differently. If bad faith is identified, we recommend immediate legal action to prevent losses.

Regional Coverage: Bahrain, Saudi Arabia, and Egypt

While RM is headquartered and licensed in Bahrain, our team has extensive operational experience in Saudi Arabia and Egypt.

• Bahrain: Full services including due diligence, legal drafting, notarization, and debt collection through the Bahraini courts.
• Saudi Arabia: Years of banking practice give us insight into safer credit structures, enforceable documentation, and supplier protection in the Saudi market.
• Egypt: Strong expertise in enforceable instruments and debt recovery, where notarized acknowledgments carry significant power for creditors.

With this tri-market coverage, RM offers a regional safety net for your receivables.

Why Choose RM?

• Over 17 years of banking and finance experience in Bahrain, Saudi Arabia, and Egypt.
• Licensed Bahraini company with deep local knowledge and regional reach.
• End-to-end solutions from due diligence and KYC to legal drafting, notarization, and collection.
• Transparent and tailored pricing according to each case.
• Relationship-first collection that protects your reputation while securing your rights.

Frequently Asked Questions (FAQs)

Q1: Why should I use notarized debt acknowledgments if I already take postdated cheques?
Cheques are important, but if they bounce, you face long lawsuits. A notarized acknowledgment is an enforceable instrument that lets you go straight to the Enforcement Court in Bahrain, saving months of time and high costs.

Q2: How quickly can documents be prepared and notarized?
We typically prepare and notarize contracts and acknowledgments within 2 working days, giving you both speed and legal strength.

Q3: What happens if my client delays payment but does not refuse to pay?
We evaluate the reasons. If they are genuine, we negotiate a rescheduled plan. Annex agreements and new notarized acknowledgments secure the revised terms legally.

Q4: Are there guarantees that restructuring will ensure payment?
No solution offers absolute guarantees. However, restructuring often prevents full default and keeps recovery realistic. With notarized agreements, your position remains protected under the new schedule.

Q5: How long before you escalate to legal enforcement?
Typically, 90 days are allowed for settlement. Fraudulent cases are escalated immediately.

Q6: Do you handle cross-border enforcement?
Yes. While Bahrain is our primary focus, we also support cases tied to Saudi Arabia and Egypt, where our team has long-standing experience with debt recovery.

Q7: How are fees determined?
Every case is unique. Fees depend on complexity, claim size, and requirements. We provide fair, transparent, case-based pricing. Government charges such as notarization are passed at actual cost.

Q8: Do you act as a law firm?
No. RM is a licensed Bahraini company that specializes in credit assessment, documentation and debt collection. We cooperate closely with notaries and legal authorities, and when necessary, we are able to initiate legal cases through our trusted partners in Bahrain, Saudi Arabia and Egypt.

Q9: What if my client refuses to appear for notarization?
We coordinate appointments and follow up. If a client refuses, this is a clear red flag. We strongly advise initiating legal action.

Q10: Can you assist exporters who sell on credit to Bahraini companies?
Yes. We frequently support international exporters by preparing Bahraini-compliant contracts and acknowledgements that secure their receivables.

Q11: Do you handle smaller debts, or only large cases?
We handle both. Smaller cases may require a simplified approach, but our goal is always the same: protecting your receivables and safeguarding your rights.

Q12: Do you work with financial institutions as well as suppliers?
Yes. Our services cover both trade suppliers and financial institutions. Whether you are extending credit on goods or financing transactions, RM can help protect your position.

Q13: What happens if my client leaves Bahrain after signing a notarized acknowledgment?
Bahraini enforceable instruments are recognized in Saudi Arabia and Egypt under cooperation treaties. We coordinate enforcement procedures with our partners in those countries.

Partner with RM Today

Whether you are a foreign investor seeking opportunities in Bahrain, a supplier operating within the Kingdom, or an exporter trading with clients in Bahrain, Saudi Arabia or Egypt, RM provides you with the expertise and practical tools to reduce risk, enforce contracts and recover dues effectively.

With RM as your partner you can expand with confidence, safeguard your receivables and strengthen your commercial relationships, all with the assurance of legally enforceable protection.