Export Financial Services, Inc.

A Tradition of Responding to the Needs of our Clients

EFS Commitment

Globalization

Payment Risk

Company Profile

EFS Client Advantage

Trade Finance Expertise

Trade Credit Insurance

Exim City/State Partner

South Carolina Department of Commerce

Credit Insurance

Commercial Default

Political Default

Underwriting Philosophies

Exporter Benefits

Importer Benefits

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Importer Info

Short-Term Standards

Medium-term Standards

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Management Profile

"Political Risk - Arbitrary or discriminatory actions, taken by home or host governments, political group, or individuals, that have an adverse impact on international trade or investment transactions."

(Source:  IRMI's Political Risk Insurance Guide by Daniel Wagner)


Political Risk Perils include:

  • Confiscation, Expropriation, and Nationalization (acts by host government which expressly and permanently deprive your clients of: all or part of their share holding in the foreign enterprise; all or part of their fixed assets; their right to operate the foreign enterprise; or seizure of inventory and/or equipment.)
  • Selective Discrimination initiated by a host government in the form of a law, order, decree, regulation or import/export restriction selectively and discriminately imposed that prevents your client from exercising his/her fundamental right over the business.
  • Embargos or Import/Export License Cancellations. 
  • Transfer Risk due to political/economic events preventing or delaying transfer of payments.