When your customer cannot pay and you would like to agree to an extension of time of payment in a guaranteed transaction, you have to submit a request for EKN’s consent to the extension. This also applies if you need to prolong the term in a contract guarantee, if the tenor is changed in a working capital credit or if the due date in a Letter of Credit needs to be changed.
In order for EKN to receive the necessary information for such a decision you need to submit a specific form for your relevant guarantee, see Document.
Complete the form and send it to EKN official responsible for the transaction. If you have any questions, please contact your responsible EKN official.
|Request for EKN’s consent to an extension of time for payment||2020|
|Request for EKN’s consent to prolongation of term/tenor or change of due date||2020|