SERV GLOSSARY


Del credere risk

SERV defines Glossarydel credere risk (also called economic risk) as the risk that the buyer or guarantor will be unable or unwilling to pay. SERV insures the Glossarydel credere risk of public- and private-sector buyers.

Supplier Credit Insurance covers the risk that documents triggering payment are not prepared or included despite being required by the contract. SERV also provides Working Capital Insurance and Counter Guarantees to protect financial institutions from payment defaults by Swiss exporters.