Garanti for kontraktsgarantirisiko

Garanti for kontraktsgarantirisiko is a guarantee product from Eksfin that protects Norwegian exporters' bank guarantees against unwarranted payments or payments caused by political events ("Sikrer deres bankgarantier mot uberettigede utbetalinger eller utbetalinger som skyldes politiske årsaker"). It protects exporters when political events such as sanctions, expropriation, civil unrest, or currency restrictions prevent contract delivery, allowing buyers to draw on bank guarantees.

Norwegian export companies ("norske eksportbedrifter") are eligible. The application must be made before the bank guarantees are issued ("søknad må skje før bankgarantiene utstedes").

Applications are submitted via the Eksfin portal at https://www.eksfin.no/no/soknader/. General contact email is post@eksfin.no. Application process information is available at https://www.eksfin.no/no/soknadsprosess/.