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Working capital insurance
institution grants an exporter a loan to finance the prime costs of an export transaction, the financial institution can take out working capital insurance from SERV. The financed export generally has to be [...] n’s claims for repayment from the exporter or its subcontractors under the working capital loan agreement. SERV indemnifies the financial institution if the exporter becomes insolvent during the credit
https://www.serv-ch.com/en/services/for-financial-institutions/working-capital-insurance/
SERV and allows exporters to obtain a contract bond from their financial institution more easily. Counter guarantees help exporters conserve cash because they eliminate the need for exporters to post additional [...] Swiss exporter’s payment obligation to the guaranteeing financial institution. SERV will compensate the financial institution on first written demand if a contract bond is called and the exporter subsequently
https://www.serv-ch.com/en/services/for-swiss-exporters/counter-guarantee/
are as an exporter, as well as how SERV checks projects in developing countries. For deliveries worth more than 10 million Swiss francs to low-income countries, the exporter must provide details of the project’s [...] Low-income countries Export transactions to low-income countries are subject to additional information requirements and verification measures. Here you can find an overview of what your obligations are [...] assess the potential development policy implications in the importing country. SERV only insures export transactions to low-income countries if the projects contribute to the social and economic development
https://www.serv-ch.com/en/sustainability/low-income-countries/
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SERV-Verordnung_e.pdf
to the exporter’s total revenue from export transactions within a specified period of time must be appropriate. c) The average amount of Swiss content in all export transactions of an exporter insured [...] SERV Act, Swiss Export Risk Insurance (SERV) may also insure: a) Finance transactions that are tied to export transactions; b) The delivery of goods and equipment in connection with export transactions Art [...] text Page 1 of 10 Swiss Export Risk Insurance, Genferstrasse 6, 8002 Zurich T +41 58 551 55 55, F +41 58 551 55 00, info@serv-ch.com, www.serv-ch.com Ordinance on the Swiss Export Risk Insurance Page 2 of
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Product Details pre-shipment risk insurance
the payment of cancellation costs are generally covered if this has been agreed in the export contract or the exporter is entitled to them by law. Prime costs are the individual costs and overheads necessary [...] value of the export contract. Insurable risks Political risk Buyer’s commercial risk Transfer risk Force majeure Period of insurance SERV cover starts on the effective date of the export contract. It ends [...] The prime costs incurred in the company itself for the supplied goods and services agreed in the export contract Costs for deliveries (based on the subcontractor’s contract price) Prime costs for the
https://www.serv-ch.com/en/services/for-swiss-exporters/pre-shipment-risk-insurance/product-details-pre-shipment-risk-insurance/
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Product details refinancing guarantee
granting the export credit assigns the principal claims and the ancillary claims to SERV by way of security plus corresponding collateral, which form the object of the documented export credit insurance [...] institution against a financial institution granting an export credit. Risks covered The non-payment risks of the financial institution that grants the export credit; the credit must be insured by SERV. Liability [...] assigned to a financial institution. For SERV’s security, the financial institution granting the export credit must assign its claim against the foreign debtor to SERV. Additional documents GTC Refinancing
https://www.serv-ch.com/en/services/for-financial-institutions/refinancing-guarantee/product-details-refinancing-guarantee/
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 [...] 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
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Product details supplier credit insurance
for publicly supported export credits of the OECD as well as with the Export Credit Guidelines of the Berne Union . Special provisions Cash or credit claims from several export transactions with a foreign [...] which the foreign buyer would like to settle the exporter’s claim. Object of cover Supplier credit insurance covers the following claims arising from an export contract: cash or credit claims for goods/services [...] starts on the commencement of the services. It generally ends on the payment of the insured claim. Export contract claims arising during this period are protected against the occurrence of the insured risk
https://www.serv-ch.com/en/services/for-swiss-exporters/supplier-credit-insurance/product-details-supplier-credit-insurance/
File
Antikorruptionserklaerung_Exporteur_e.pdf
s without delay (Article 16 of the Swiss Export Risk Insurance Act, Article 8 of the Federal Ordinance on the Swiss Export Risk Insurance). Sample Swiss Export Risk Insurance, Genferstrasse 6, 8002 Zurich [...] Anti-corruption declaration by exporter/other relevant parties Version 4.0, as of 1 November 2019 Page 1 of 2 Exporter/other relevant party Click here to enter text. Project name Click here to enter text [...] be complied with in connection with the conclusion and performance of the underlying transaction/export contract in relation to which insurance cover is requested under this application (together the
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Multi-buyer insurance for Scienceindustries members
combine and insure the exports of several of its Swiss members to various foreign buyers. This option is currently being used by scienceindustries. Multi-buyer insurance covers all exports made to buyers in [...] in specific, non-marketable countries and invoiced by an exporter during one settlement period as long as the payment period is no more than twelve months and the policy limit is not exceeded. Questions [...] documents GTC multi-buyer Insurance Declaration of Authorisation, Undertaking and Anti-corruption of the Exporter: Multibuyer Insurance Declaration of Authorisation, Undertaking and Anti-corruption of the Multi-buyer
https://www.serv-ch.com/en/services/for-swiss-exporters/multi-buyer-insurance/