Search


Export Credit Insurance


The Export-Import Bank of Trinidad and Tobago Limited (EXIMBANK) offers export credit insurance to exporters.  This insurance offers risk protection against payment default by foreign buyers of goods and services exported on credit terms.  Export credit insurance allows exporters to venture into new export markets.




Who can apply for export credit insurance?

Small, medium and large enterprises operating within Trinidad or Tobago that would like to begin exporting or would like to increase their export market are eligible to apply for export credit insurance.

back to top

What is the application process?

EXIMBANK's Business Development Officers are ready to visit your business to provide you with an application package.  Application packages can also be picked up from EXIMBANK's office or downloaded from EXIMBANK's website using the link at the end of this section.  Completed applications can be mailed, faxed or scanned and e-mailed to EXIMBANK.

 

The following supporting documentation should be submitted with the completed application form: 

  • One copy of a valid proof of identification for each company director (national identification card, driver's permit, Trinidad and Tobago passport, or foreign passport).
  • Company registration papers (Certificate of Registration, Return of Director, and Return of Registered Address).
  • Audited financial statements for the last three to four years of operation (for an existing business) or an opening Balance Sheet and Projected Cash Flows (for a new enterprise).
  • Completed EXIMBANK forms for each customer/buyer.

 

The application package should be completed in accordance with the included instructions and returned, with all supporting documentation, to EXIMBANK.

 

 

Export-Import Bank of Trinidad and Tobago Limited (EXIMBANK)

EXIM House

30 Queen's Park West

Port of Spain
Trinidad, West Indies

Tel. (868) 628-2762 or (868) 628-1382
Fax. (868) 628-9370
E-mail. eximbank@eximbanktt.com
Opening hours: 8:00 am to 4:00 pm, Monday to Friday, except public holidays

back to top

What happens after an application is submitted?

An EXIMBANK representative will review the application and request omitted or additional information, if necessary.  EXIMBANK will then identify insurance policy options that meet the applicant's needs and come to an agreement with the client on the best option.  The client will then complete both the “Proposal for Comprehensive Risk Policy” and “Application for Credit Limit” forms and pay the policy set-up fee listed below. 

 

The timeframe for processing an application can vary from two working days to two weeks, depending on a number of variables including the number of approving authorities and the availability of documentary requirements such as financial statements.

back to top

What does it cost?

There is a TT$500.00 fee to establish the insurance policy.  This fee is subject to change without notice.

back to top

Where can I find more information?

For further information please contact EXIMBANK at the address below or visit our website.

 

Export-Import Bank of Trinidad and Tobago Limited (EXIMBANK)

EXIM House

30 Queen's Park West

Port of Spain
Trinidad, West Indies 

Tel. (868) 628-2762 or (868) 628-1382
Fax. (868) 628-9370
E-mail. eximbank@eximbanktt.com
Opening hours: 8:00 am to 4:00 pm, Monday to Friday, except public holidays

back to top