EKF's cover policy
Credit period
/Buyer |
Guarantees without credit period |
Up to 1 year |
1-5 years |
More than 5 years |
Public buyer |
Cover of public-sector buyers is subject to sovereign guarantee, i.e. a guarantee from the Ministry of Finance. |
Private buyer |
EKF accepts the strongest buyers with a credit rating equivalent to minimum B+ |
EKF does not provide cover for private buyers – for information on possible cover through the banking market, see the section “Bank”. |
Bank |
EKF accepts creditworthy banks. |
Financing through bills of exchange: Not considered - Contact EKF
Guarantees in local currency: Not considered - Contact EKF