B Insurance of a Short Term Export Supplier Credit against the Risk of Non Payment Basic terms and conditions - insurance of short-tail export supplier's credit

  • The share of value of supplies with the origin in the Czech Republic in the export value exceeds 50 %,
  • trouble-free credit history1 of subjects2,
  • The subject2 has existed and executed the activity being the subject of export minimally for 2 years before submitting the application for insurance of short- tail export supplier's credit against the risk of non-payment or its activity follows up his legal predecessor's activity, carried out minimally for 2 years before submitting the application for insurance of short-tail export supplier's credit.

1 The trouble-free credit history shall be interpreted as absence of record on default payment for the subject (exporter, importer, guarantor) in the Central Credit Register maintained by the ČNB or another similar credit register or register of information in the term of minimally last 5 years.

2 Persons participating in the export - importer or possibly the guarantor.

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