Argentina

There are no formal restrictions on cover.

Grace periods and/or claims waiting periods for supplier credit cover or other forms or export credit cover granted in future may be extended to nine months.

There are no formal restrictions on cover for transactions with private buyers. Transactions with public buyers can be covered on a case-by-case basis.

Grace periods and/or claims waiting periods for supplier credit cover or other forms or export credit cover granted in future may be extended to nine months.

For transactions with private buyers bank security is required if the foreign buyer’s creditworthiness is inadequate. For transactions with public buyers a guarantee from the Ministry of Finance or the central bank is always 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 and international projects and tenders can be found on the website of Germany Trade & Invest (gtai, https://www.gtai.de).