Buyer credit insurance

Banks or financial institutions can obtain cover from SERV for claims for repayment against foreign borrowers arising from the financing of Swiss export transactions. This insurance is available for short or medium/long-term, export-linked financing (buyer credit).

Insured risks:

Cover is provided against non-payment due to

• political risks
• transfer risks
• force majeure risks
• del credere risks (credit risks) such as the insolvency of the buyer or non-payment of the debt within 3 months of maturity (protracted default)

The maximum cover ratio is 95%.