Institution details

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ECICS Limited (ECICS)

Key facts

  • Established in 1976
  • Ownership: Private
Not Part of the OECD Part of the Berne Union

Latest update: 03/12/2021

rating type rating agency type rating
Institution rating S&P Foreign currency AAA
Country rating S&P Local currency AAA

Products

  • Short-term supplier credit policy
  • Other products

Short-Term Supplier Credit Policy

  • Insurance for export transactions against non-payment
  • Tenor: Up to 1 year; typically, up to 180 days and exceptionally up to 720 days
  • Cover:
    - Up to 90% of the gross invoice value
    - Commercial and political events
  • Currencies: SGD or approved currencies

Other Products

  • ECICS provides non-export insurance to individuals and businesses
  • Comprehensive short-term policy for domestic trade
  • Surety bonds and guarantees available for domestic and export contracts:
    - Performance bond
    - Advance payment bond
    - Contract tender bond/bid bond
    - Retention money bond
    - Maintenance bond
  • Wide range of domestic business insurance policies
Modality Tenor Cover type coverage
Insurance Short-term Comprehensive 90%

Performance highlights

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