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What is it?

The Supplier Credit Cover, guaranteed by the Portuguese State, covers individual export transactions against the repayment default of a public or private buyer, arising from political, monetary and catastrophic events, and it can also cover commercial risks.

Who can apply?

It is intended for companies that export goods or services with national content and for banks that finance such exports, as assignees of the right to compensation.

Which transactions are eligible?

Single risk export transactions of goods and/or services, with national content, whose repayment period is equal to or greater than 2 years.

The OECD Consensus general terms and conditions apply to these transactions.

What are the advantages?

This insurance allows the exporter to be protected against the risks of non-payment by the importer. The importer may be a public or private buyer. The lack of payment may arise from several situations that constitute the risks covered.

Banks that finance such exports may also benefit from this insurance, as assignees of the right to compensation.

The information provided on this page does not exempt the consultation of the legally required pre-contractual and contractual information.