Checklist – application for claim compensation

• Background to the request for indemnification if this has not been described in previous correspondence between you and EKN.
• An explanation as to how the unpaid claim has been calculated: the claim amount, accrued interest and any default interest.
• Information about any payment you have received for a claim not guaranteed by EKN.
• Information about whether you have recovered the exported goods and, if so, whether you have sold them and at what price.
• Information about any enforced security and the value of such security.
• Copies of relevant documents, such as:
  • Invoices
  • Reminders to the buyer or borrower
  • Reminder to guarantor
  • Bills of exchange or bill protest records
  • Documents showing that the buyer or borrower has become insolvent
  • Documents showing that you have monitored your claim – or the bank has monitored its claim – in connection with the bankruptcy of the buyer or borrower
  • Certificate of deposit, in other words a document showing that the claim has been paid in local currency
• Assignment form – available in different versions depending on whether the guarantor is a bank or exporter, and if the claim has been assigned to a refinancier.

EKN may require other documents in addition to those listed above. These may include original documents if they are necessary as part of the measures to get your claim paid.