Page
Supplier credit insurance
Supplier credit insurance Supplier credit insurance protects Swiss export companies against default on a cash or credit receivable for goods or services that were provided to a customer abroad. Exporters receive
https://www.serv-ch.com/en/services/for-swiss-exporters/supplier-credit-insurance/
Glossar
Letter of credit confirmation insurance
Under letter of 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 [...] against default of the bank issuing the letter of credit. The maximum cover ratio is 95 per cent.
To the detail page
File
SERV_Praemienreglement_2023_e.pdf
‐ Supplier credit insurance with credit periods of two years or more ‐ Buyer credit insurance with credit periods of two years or more ‐ Letter of credit confirmation insurance with credit periods of two [...] account. ‐ Starting point of credit (SPOC): the date on which the repayment period for an export credit begins. As a general rule, the repayment period for an export credit should start no later than when [...] guarantor’s country, the total premium for supplier credit insurance, buyer credit insurance and letter of credit confirmation insurance with credit periods of two years or more is calcu- lated using either
File
SERV_Praemienreglement_2023_e.pdf
‐ Supplier credit insurance with credit periods of two years or more ‐ Buyer credit insurance with credit periods of two years or more ‐ Letter of credit confirmation insurance with credit periods of two [...] account. ‐ Starting point of credit (SPOC): the date on which the repayment period for an export credit begins. As a general rule, the repayment period for an export credit should start no later than when [...] guarantor’s country, the total premium for supplier credit insurance, buyer credit insurance and letter of credit confirmation insurance with credit periods of two years or more is calcu- lated using either
Page
Anti-corruption at SERV
on on Bribery and Officially Supported Export Credits . It therefore requests an anti-corruption declaration for every insurance application – from the exporter and, if applicable, from the financial [...] Measures and Export Credits SECO - Fight against corruption Transparency International Additional documents Information prevention of corruption Declaration of prevention of corruption exporter Prevention [...] country. SERV may carry out an enhanced due diligence check on a case-by-case basis and ask the exporter to sign a more detailed anti-corruption declaration . More information about corruption prevention
https://www.serv-ch.com/en/sustainability/anti-corruption-at-serv/
release (in German) 05.04.23 - Swiss Export Risk Insurance SERV creates and preserves jobs in Switzerland Swiss Export Risk Insurance SERV conducted a study on the export and employment effects it generates [...] approach to Swiss export promotion. Note: This guest article was first published in the NZZ on 20 January 2023. Read guest article (in German) 16 June 2023 – The Aargau export credit agency In an interview [...] of SERV, talks about the impact on the Swiss export industry of the acquisition of Credit Suisse by UBS, and about other significant developments in export financing and promotion. Read the interview (in
https://www.serv-ch.com/en/about-us/media-corner/
Page
SERV | Del credere risk: analysis and management for companies
enforceable by a company’s credit management team if a claim arises. Collateral and guarantees are especially advisable when it comes to an export contract with importers and exporters from far-away countries [...] debtors. In contrast to credit insurance policies with private insurers that focus more on smaller deals with private insurance, usually domestically, SERV and other export credit agencies (ECAs) ensure [...] has already been established. 1. Performing credit checks and gathering information One fundamental measure for reducing del credere risk is to check the credit rating of potential business partners. Sellers
https://www.serv-ch.com/en/del-credere-risk-analysis-and-management-for-companies/
File
Leitlinien_Umwelt_e.pdf
Swiss Export Risk Insurance, Genferstrasse 6, 8002 Zurich, Switzerland P +41 58 551 55 55, F +41 58 551 55 00, info@serv-ch.com, www.serv-ch.com Introduction Decisions on the granting of export credit insurance [...] reviews, the “Recommendation of the Council on OECD Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence” dated 25 March 2024, also referred to as Common [...] involved in the project, the EIAR will normally be examined by this institute. If dif- ferent export credit agencies are involved in a project (multi-sourcing), the ESIA will normally be examined by the
File
Leitlinien_Umwelt_e.pdf
Swiss Export Risk Insurance, Genferstrasse 6, 8002 Zurich, Switzerland P +41 58 551 55 55, F +41 58 551 55 00, info@serv-ch.com, www.serv-ch.com Introduction Decisions on the granting of export credit insurance [...] reviews, the “Recommendation of the Council on OECD Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence” dated 25 March 2024, also referred to as Common [...] involved in the project, the EIAR will normally be examined by this institute. If dif- ferent export credit agencies are involved in a project (multi-sourcing), the ESIA will normally be examined by the
Page
100 kilometres of railway in Ghana with Swiss participation
100-kilometre railway line will further boost Ghana’s economy. Illustration: Oculus The Swedish export credit agency EKN is collaborating with SERV, which is providing a reinsurance agreement to upgrade a [...] future contracts.” As the largest proportion is coming from Swedish subcontractors, the Swedish export credit agency (ECA) EKN is insuring the project, but EKN’s value creation requirements do not permit [...] an environmentally friendly alternative to forms of transport that depend on fossil fuels. A buyer credit worth EUR 523 million over a period of 18 years – including four years of construction work – is
https://www.serv-ch.com/en/services/success-stories/100-kilometres-of-railway-in-ghana-with-swiss-participation/