FIS Group Management Business Locations
FIS Finance & Investment Services GesmbH FIS Corporate Administration FIS Private Insurance FIS Funds Management FIS Real Estate FIS Legal FIS Accounting FIS Trading FIS Trade Solutions FIS Iron
☰
Management Foreign Trade Risks Commercial and Financial Contracts Assets and Investments Project Finance Claim Management FIS Private Insurance Brochure

Commercial and Financial Contracts

Public Sector Obligor

Contract Frustration

Government action resulting in the failure or refusal of a contracting party, including a financial or performance guarantor, to honour their obligations under a contract.

Typical transactions

  • Pre-export finance
  • Import finance
  • Tolling, barter/ counter trade
  • Sales and purchase contracts
  • Service contracts
  • Letters of credit, on-demand bonds

Perils insured by contract frustration insurance

  • Private obligor non-performance due to government action
  • Government obligor non-performance
  • Arbitration default
  • Import and export restrictions
  • War
  • Transfer delays/ currency inconvertibility
  • Fair and unfair calling of bonds

Private Sector Obligor

Trade Credit Risks
Non-payment by a private obligor

Typical transactions

  • Export and import contracts
  • Trade and commodity finance
  • Bank-to-bank lending
  • Pre-export finance
  • Buyer credit
  • Supplier credit
  • Financing secured by trade receivables
  • Securitisation of receivables
  • Asset-backed financing
  • Acquisitions financing
  • Letters of credit

Perils insured by trade credit insurance

  • Private obligor non-performance
  • Arbitration default
  • Import and export restrictions
  • War
  • Transfer delays/ currency inconvertibility
  • Fair and unfair calling of bonds

 

© FIS Finance & Investment Services Group
Head office Vienna
Reichsratsstraße 11/3; 1010 Vienna – Austria
Tel. +43 1 402 69 90; office@fis-vienna.com
Follow us on

Impressum General Terms and Conditions Privacy policy