Short Term Receivable Insurance (KVİKS)
Funds Short Term Receivable Insurance KVİKS, export credit insurance covering for short-term cross-border receivable losses commercial political risk for Turkish.
The Short Term Receivable Insurance program (KVİKS) insures Turkish exporters against losses on cross-border sales receivables due to commercial and political risks. Coverage is 90% of verified losses; the exporter retains 10%. Policies cover receivables up to 360 days per shipment. Premiums are calculated monthly based on shipment notifications. The 6-step process runs: policy activation → buyer limit application → monthly notifications → overdue declaration → compensation after 4 months overdue → cooperation in debt recovery.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.