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Country cover policy on Benin

Flag Benin

Senior country adviser for single transaction cover:
Ms Sissi Gerstenkorn, phone: (040) 8834 - 9549

Senior country adviser for revolving and wholeturnover cover:
Mr Holger Ehrich, phone: (040) 8834 - 9026

Economic analysis:
Mr Martin Schmerbach, phone: (040) 8834 - 9080

Explanation of texts and symbols:

No text  » Information will be provided on request

./.  » no restrictions on cover

In cases where bank security is required, a list of accepted banks is usually available.
(No responsibility is taken for the correctness of the information provided)

Information summary: Benin; further details can be found under AGA-Report (German version only)

Short-term Cover facilities are available for transactions with credit periods of up to 12 months up to the amount of EUR 500,000 and for private buyers only. No cover for transit and other foreign goods unless they are subcontracted supplies.
Medium/long-term In individual cases cover is available for small foreign exchange-generating private sector projects with credit periods of more than 12 months.
Collateral Irrevocable letters of credit opened prior to the commencement of risk and of sufficient duration have to be provided.
Country risk category 6

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