Alarm

Save time and decrease credit risk with continuous VAT monitoring and alarm notifications whenever economic data changes occur.

The Alarm notification system is triggered whenever a change occurs on:

financial data (e.g. entry of a new bounched check, payment of a bill of exchange, etc.) that affect positively or negatively the creditworthiness of a business,
business information (e.g. publication of new balance sheet, change of board members, etc.).

Notifications are sent by email and through announcements when logging in to tsek.teiresias.gr.

Notifications last from one (1) to twelve (12) months depending on the alarm type you choose.

Alarm service characteristics

TSEK Alarm provides information for	12 month Alarm	6 month Alarm	Single notification Alarm
New economic behavior data added (ex. a new bounced check, an unpaid bill of exchange etc.)
Development of financial data (check payment, of payment of bill of exchange etc.)
New company’s balance sheet added to TSEK data base
New announcements published in Business Registry when available in TSEK data base (ex. change of members of BoD etc.)

Notification is made via	12 month Alarm	6 month Alarm	Single notification Alarm
email: an email is send to the users inbox
TSEK announcements: when logging in TSEK platform there are notification messages for the activated Alarms

Monitoring Period	12 month Alarm	6 month Alarm	Single notification Alarm
Monitoring period time for economic behavior data	12 months	6 months	12 months
Deactivation of Alarm, stop monitoring and notification services for a specific company (VAT number)	Due to expiration time period (12 months)	Due to expiration time period (6 months)	Due to expiration time period (12 months) or Upon a single notification for economic behavior data
Ability to renew post-expiry monitoring