SERV GLOSSARY


Berne Union

The Berne Union, with its registered office in London, is the world's largest association of public and private export credit insurance and investment insurance companies. The Berne Union advocates a worldwide convergence of conditions for export credits, export credit insurance and investment insurance.

The “Operational Guidelines“ approved by the members contain specific provisions for permitted credit periods, especially for export credits with terms of up to 23 months, broken down by order value and goods/service type.

Additional links:
Berne Union
Value Statement
Guiding Principles
Operational Guidelines Short Term
Operational Guidelines Medium / Long Term
Operational Guidelines Investment Insurance