Bolivia
Short-term Business
There are no formal restrictions on cover.
Medium/long-term Business
Cover facilities for transactions with longer credit terms are available for smaller, foreign-exchange generating projects of private buyers.
In addition, cover is available for project finance and other structured finance deals, where necessary based on countertrade transactions.
Collateral
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.
Further Information
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).