Cover is only available for transactions with private buyers with contract values of up to EUR 100,000 provided that the buyer is an affiliated company or a company which belongs to an international group the creditworthiness of which is beyond doubt and informative, up-to-date information material on the buyer is available which, subject to the application of strict criteria, justifies the granting of cover without collateral. Under wholeturnover policies maximum amounts are limited to EUR 500,000.
No cover available.
If the foreign buyer’s creditworthiness is inadequate, bank security is required.
The assessment of a bank for acceptance as a guarantor or borrower is carried out case by case on the basis of informative documents and taking into account the risk involved.
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).