Guyana

No cover facilities available for public buyers.
Cover facilities are available for transactions with private buyers having a contract value of up to EUR 250,000.

No cover facilities available for public buyers.
For transactions with state-owned buyers cover facilities are available on a case-by-case basis provided that they are established as private sector organizations and operate without recourse to public funds.
Besides, smaller foreign exchange-generating transactions will be considered.
In addition, cover is available for project finance and other structured finance deals, where necessary based on countertrade transactions.

As a rule, bank security must be provided. This requirement may be waived if the buyer is an affiliated company or if the buyer belongs to an international group the creditworthiness of which is beyond doubt or if sufficient information material on the debtor is available which, subject to the application of strict criteria, justifies the granting of cover without collateral.

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.

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).