There are no formal restrictions on cover.
There areno formal restrictions on cover.
For short-term transactions bank security is required if the foreign buyer’s creditworthiness is inadequate.
As a rule, bank security is required for medium/long-term transactions.
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).