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Internet Direct Collections

Internet Direct Collections
Reconcile incoming funds quickly and easily, and enjoy immediate credit to your account when exporting goods overseas.
Internet Direct Collections (IDC) is an Internet-based export collection system that connects your desktop to Sovereign Bank and our extensive network of correspondents around the world.

Through real-time reporting of outstanding transactions, and immediate crediting to your account for incoming funds, you can easily reconcile accounts and improve turnaround time associated with international receivables.

The IDC system security allows you to set up any number of users, and assign different rights and privileges by groups.

Sovereign Bank utilizes state-of-the-art firewall and SSL technology to assure that your information and transactions are viewed by authorized personnel only.
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