Cover facilities are available on a case-by-case basis.
Cover facilities are available for specific transactions on a case-by-case basis.
In addition, cover is available for project finance and other structured finance deals, where necessary based on countertrade transactions.
For short-term transactions collateral is not normally required.
For medium and long-term transactions a state guarantee or bank security has to be provided if the buyer’s creditworthiness is inadequate.
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).