Burundi
Short-term Business
Cover facilities are available for contract values up to a maximum of EUR 100,000 exclusively for private buyers.
Under wholeturnover policies transaction up to a maximum amount of EUR 500,000 can be covered.
Medium/long-term Business
No cover available.
Collateral
Bank security is required unless the buyer is an affiliated company or belongs to an international group the creditworthiness of which is beyond doubt.
The assessment of a bank for acceptance as a guarantor or borrower is carried out case by case on the basis of informative documents and taking into account the risk involved.
Further Information
Country information on commercial practices, business climate, market analyses, law, import procedures, customs duties and international projects and tenders can be found on the website of Germany Trade & Invest (gtai, https://www.gtai.de).
The most important GTAI country information on Africa can be found at a glance on the Africa Business Guide (German version, www.africa-business-guide.de).
You can find more detailed information on the G20 initiative „Compact with Africa“ (www.compactwithafrica.org).
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