Cover Policy – Export Credit Guarantees
In order to avoid competitive distortions within the EU common market, a market test is also carried out. Thus the premium may be higher than that of the country risk category stated.
For a limited period of time until the end of 2020, cover is available for transactions with credit terms of up to 24 months.
There are no formal restrictions on cover.
Collateral is not normally required.
Country information on commercial practices, business climate, market analyses, law, import procedures, customs duties can be found on the website of Germany Trade & Invest (gtai, https://www.gtai.de).
Cover Policy – Untied Loan Guarantees
There do not exist any restrictive country cover policy decisions for Untied Loan Guarantees. However, when deciding on cover of raw material projects, the Federal Government always takes the current situation in the host country into account. If you have any queries, please do not hesitate to contact our experts.
No responsibility is taken for the correctness of the information provided.