Exim RECEIVABLES INSURANCE (FACILITY C)

This facility covers Exporters’ risks connected to their short-term, typically unsecured and open account transactions with deferred payment -. This way the facility allows the Exporter to be covered against losses caused by the buyer’s economic situation as well as against country risks beyond the partner’s control. This insurance is guaranteed by the state budget, consequently facility C can only be concluded for the Export of products with a certificate of origin. The facility covers both the risk of the manufacturing and the credit period