Glossar
Supplier credit insurance
Swiss exporters use supplier credit insurance to insure the risk that the customer will fail to pay amounts owed for goods and services under an export contract. The maximum cover ratio is 95 per cent
To the detail page
Glossar
Transactions of particular significance
ce are exports with material economic, social, environmental, developmental or other foreign policy implications. The Federal Council may give SERV instructions on the insurance of such export transactions
To the detail page
Page
Product details counter guarantee
Product details counter guarantee Details If the guarantee is called, the exporter, after settling the guarantee claim of the financial institution, can make a claim under SERV’s contract bond insurance [...] value of the contract bond underlying the counter guarantee . Risks covered The risk of the Swiss exporter being unable to pay the financial institution is covered if the financial institution has had to [...] institution issuing the guarantee or 30 days after the expiry of the contract bond. Premiums The exporter is the premium payer and the premium is due in advance. Instalment payments are possible against
https://www.serv-ch.com/en/services/for-swiss-exporters/counter-guarantee/product-details-counter-guarantee/
File
Korruptionspraevention_vertieftes_Pruefungsverfahren_e.pdf
1 November 2019 Page 1 of 3 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 Exporter/other relevant party Click here to [...] changes of such circumstances without delay (Art. 16 of the Swiss Export Risk Insurance Act, Art. 8 of the Federal Regulation on the Swiss Export Risk Insurance). Note We confirm that we took notice of the [...] 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
Glossar
Letter of credit confirmation insurance
credit confirmation insurance, SERV insures letters of credit which serve to pay export receivables of Swiss exporters. The bank confirming the letter of credit is thus protected against default of the
To the detail page
Glossar
Working capital insurance
for a Swiss company’s export that can be insured by SERV. It protects the financial institution providing credit against insolvency or unwillingness to pay on the part of the exporter. Cover Ratio 80 percent
To the detail page
Minimise risks. Maximise exports. Vision We support businesses with flexible, customer-focused solutions. We create and retain jobs in Switzerland and help the Swiss export industry to compete internationally [...] business and to create and safeguard jobs in Switzerland – are reflected in its vision and its values. Export transactions are exposed to the challenges associated with global uncertainty. SERV’s mission is
https://www.serv-ch.com/en/about-us/mission-statement/
File
SERV_Praemienreglement_2023_e.pdf
of the export transaction: all details relating to the production of the export goods or their delivery. ‐ Facts of the financing transaction: all details relating to the financing of the export transaction [...] repayment period for an export credit begins. As a general rule, the repayment period for an export credit should start no later than when the orderer realises a benefit from the exported goods. The OECD Arrangement [...] ment on Officially Supported Export Credits” (OECD Arrangement). SERV reserves the right to choose the relevant benchmark. SERV – Regulations on Premium Calculation Swiss Export Risk Insurance | Genferstrasse
File
SERV_Praemienreglement_2023_e.pdf
of the export transaction: all details relating to the production of the export goods or their delivery. ‐ Facts of the financing transaction: all details relating to the financing of the export transaction [...] repayment period for an export credit begins. As a general rule, the repayment period for an export credit should start no later than when the orderer realises a benefit from the exported goods. The OECD Arrangement [...] ment on Officially Supported Export Credits” (OECD Arrangement). SERV reserves the right to choose the relevant benchmark. SERV – Regulations on Premium Calculation Swiss Export Risk Insurance | Genferstrasse
Page
How an SME in French-Speaking Switzerland manages to hold its own on the Market
solutions to these challenges. 06.04.2022 “It’s one of our best years ever,” says Jehona Gaçaferi, Export & Financing specialist at SME THE Machines Yvonand SA (THE Machines). Turnover has grown strongly [...] it is SERV’s support that makes these payment terms possible. Attractive payment terms thanks to export risk insurance But what exactly is THE Machines? Everything revolves around pipes and cables at the [...] because we would probably have to turn down some orders if we didn’t have it. ❞ Jehona Gaçaferi, Export & Financing Specialist, THE Machines Yvonand SA It has customers all over the world. They generally
https://www.serv-ch.com/en/services/success-stories/how-an-sme-in-french-speaking-switzerland-manages-to-hold-its-own-on-the-market/