FAQs
TReDS stands for Trade Receivables Discounting System. It's a digital platform created based on guidelines from the Reserve Bank of India (RBI) in December 2014. TReDS helps small businesses (MSME Sellers) get early payments for their invoices raised with corporates / buyers, government departments, and PSUs.
C2treds is an RBI-approved TReDS exchange platform. The main goal of TReDS is to help small businesses with their working capital needs and to solve the problem of delayed invoice payments.
The different stakeholders and organisations that can join the C2treds platform are: Sellers: MSME establishments as defined by the MSMED Act, 2006
Buyers: Corporate establishments, government departments, public sector undertakings, and other such entities as allowed by the RBI
Financiers: Banks, NBFCs, financial institutions, and other entities as approved by the RBI
MSMEs that are either manufacturers and/or service providers can register with C2treds as Suppliers if they meet the below detailed criteria.
- Based on the amount invested in machinery or equipment and the annual turnover:
- Micro: Investment and annual turnover ranging from Rs. 1 crore to Rs. 5 crore.
- Small: Investment and annual turnover ranging from Rs. 10 crore to Rs. 50 crore.
- Medium: Investment and annual turnover ranging from Rs. 50 crore to Rs. 250 crore.
- Disputes and disagreements between sellers and buyers, including issues with goods or services
- Non-performance of obligations between any stakeholder (buyers, sellers, financiers) with respect to transactions on the TReDS platform
Nodal Officer, C2FO Factoring Solutions Ltd
2nd Floor, Smartworks, Sector 125, Noida, Uttar Pradesh - 201313
Phone: 0120 517 8068
Email: grievance.support@c2treds.com
- Your name
- The nature of your complaint
- Specific details explaining the cause of your grievance or complaint
If you're registered on C2treds and have a complaint or grievance, you can submit it to C2treds' Nodal Officer via email or a written letter. You will receive an automated email response with a unique ticket number. If you sent a written complaint, you'll get an acknowledgment within five working days along with a unique ticket number.
Efforts will be made to resolve your grievance within a maximum of three weeks.
If you're not satisfied with the resolution, you can escalate the grievance to the Chief Operating Officer (COO) of the Company. The COO will address escalated complaints within five working days.