Presentation

Foreign Exchange Trade Insurance allows the company to set a single forward exchange rate in order to secure the budget rate and the price of the commercial offer. The insurance thus neutralizes foreign exchange risk during the negotiation period and if contract signed, during the payment period.
Insured currencies: USD, CAD, GBP, JPY, CHF, DKK, SEK, NOK, SGD, HKD, AUD, NZD, THB, CZK, ISK, GHS, TWD, AED, MAD, RSD, HUF, TRY, EGP, RON, NGN, MXN, CLP, PHP, COP, ZAR, INR, IDR, MYR, CNY, BRL, SAR, ILS, PEN, KZT, KRW, PLN.
If negotiations fail, the insurance is cancelled and the premium is partially refundable.

An option is available allowing the company to improve the insured exchange rate in case of better market conditions during the negotiation period (: the “interessement” option).

This insurance is designed for companies established and manufacturing in France and entering a local-currency export project (excluding international trade deals).

Benefits

Any foreign exchange losses recorded at the payment dates relative to the insured forward rate are fully covered.

Management flexibility in the event of deferred or early payment.

Duration

The validity period covers the negotiation period required to obtain entry into force. Choice of standardized durations: 3, 6, 9, 12, 15, 18, 21 and 24 months.

How much?

The premium rate applicable to the insured amount depends on the insured currency, the negotiation period and if an “interessement” condition is selected.

About the Exchange risk insurance

In conducting Over The Counter trades, your buyer sometimes imposes an offer in a currency other than the euro to sign the contract. You are a French exporter and would like to avoid any foreign exchange risk. Bpifrance Assurance Export protects your local-currency exports by setting a fixed exchange rate.

Exchange Rate Insurance meets your needs and is tailored to your transactions:

• By protecting you against foreign exchange risk on offer prices denominated in a foreign currency thanks to the foreign exchange trade insurance,
• By allowing you to finalize more advanced deals denominated in local currencies without incurring exchange rate risk against the euro thanks to the foreign exchange contract insurance,
• By allowing you to secure your USD and GBP trade flows thanks to the foreign exchange invoice payment flows insurance.