Glossar
Buyer credit insurance
Buyer credit insurance covers the financing of Swiss exports by domestic and foreign banks and financial institutions. The maximum cover ratio is 95 per cent.
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Information_Warenursprung_e.pdf
The amount of Swiss content of the exporter’s total revenue from export transactions for a specified period of time is appropriate, irrespective of whether these export transactions are in- sured by SERV [...] Swiss content of all export transactions of an exporter insured by SERV that are carried out within a specified period of time, is appropriate. – Newly developed products are being exported or new markets are [...] parallel insurance agree- ment with the public export credit insurance agencies of the country of the foreign supplier or sub- contractor or with a private credit insurance agency shall however be considered
The following products cover buyer risk: Supplier credit insurance Buyer credit insurance Contract bond insurance Pre-shipment risk insurance For exporter risks When you apply for contract bond insurance [...] annual financial statements of the exporter.SERV will request the following document plus attachments when you apply for one of our liquidity products that involves exporter risk. This includes the products:
https://www.serv-ch.com/en/services/application/
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Product details working capital insurance
insurance , SERV insures a financial institution’s repayment claims against an exporter arising from a working capital loan for an export transaction insured with SERV. The cover provided by SERV usually allows [...] to finance the prime costs of a specific export transaction insured with SERV. Object of cover Working capital insurance covers the following claims from a credit contract: principal claims of the financial [...] in connection with supplier credit insurance or, at a minimum, with pre-shipment risk insurance . The financial institution has the option of combining this with buyer credit insurance . Additional documents
https://www.serv-ch.com/en/services/for-financial-institutions/working-capital-insurance/product-details-working-capital-insurance/
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Premium simulator: Calculate your insurance premium now
Creditworthiness of the debtor, the guarantor or the exporter (rating) and its country Quality of the collateral provided or the characteristics of the export goods Cover ratio Supplementary premiums and premium [...] guidelines of the OECD for minimum premiums, as set out in the Arrangement on Officially Supported Export Credits . To remain economically viable , SERV must also ensure that premiums are commensurate with the [...] Annex 2. Finally, the Regulations on Premium Calculation – Annex 3 regulate how the Starting Point of Credit (SPOC) is calculated for products for which it is relevant. SERV regularly checks and revises the
https://www.serv-ch.com/en/premiums/
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Transparency: SERV project information
categories. The exporters are consulted before publication. The list contains important details of the projects, including the destination country, the exporter, a description of the export goods or the project [...] details. Category A projects SERV follows the OECD Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence. To this end, SERV publishes detailed information
https://www.serv-ch.com/en/sustainability/transparency-serv-project-information/
insurance premiums, SERV uses hte internationally recognised principles for officially supported export credits, i.e. the principles of the OECD. 2.2 Country and debtor categories 2.2.1 The country risk category [...] insurer does not take account of the internationally recognised principles for officially supported export credits, i.e. those of the OECD, or if, in the view of SERV, it does not appear to be adjusted for the [...] Premium Tariff Valid from 01-01-2021 Version 6.1, created 01-01-2021 Page 1 of 5 Swiss Export Risk Insurance, Genferstrasse 6, 8002 Zurich, Switzerland P +41 58 551 55 55, F +41 58 551 55 00, info@serv-ch
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Buyer credit insurance
Buyer credit insurance By taking out buyer credit insurance , financial institutions can insure their claims for payment against a foreign borrower in connection with the financing of a Swiss export transaction [...] additional financing options, such as project financing. Aid credits are also available for various countries in the form of mixed credits that are based on international treaties. Product details Questions
https://www.serv-ch.com/en/services/for-financial-institutions/buyer-credit-insurance/
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Information_Schaeden_e.pdf
von 4 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 Disclaimer This information gives banks and exporters an overview [...] following a loss, we recommend always verifying the following when concluding and executing export and credit transactions: – that the contract terms have been fully documented in writing, are binding under [...] provisions are made to avoid losses, e.g. – in the choice of payment instruments (e.g. letter of credit) and credit terms; – that customary insurance policies are concluded, especially against transport risks
Working together across borders About SERV Swiss Export Risk Insurance (SERV) supports Swiss export companies by facilitating their access to international markets. We offer insurance and guarantee products [...] These products protect against payment defaults and facilitate access to low-cost credit. This enables Swiss exporters to offer longer payment terms without affecting their liquidity. More about SERV’s
https://www.serv-ch.com/en/career/our-values-culture/