About Company
The Export Credit Insurance and Guarantee Company Botswana (BECI) is Botswana’s sole credit insurer, established in 1996. It is a private company wholly owned by the Botswana Development Corporation (BDC) .
Overview
BECI’s primary mission is to support businesses by providing trade credit insurance policies that protect against the risk of non-payment by credit customers. Additionally, BECI offers a range of financial instruments and services designed to facilitate business growth and secure trade transactions.
Products and Services
BECI offers a comprehensive suite of products, including:
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Domestic Trade Credit Insurance: Protection against non-payment risks within Botswana.
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Export Trade Credit Insurance: Coverage for exporters against international buyer defaults.
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Medium to Long Term Export Credit Insurance: Insurance for extended credit terms in export transactions.
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Outward Investment Insurance: Protection for Botswana investors against political and commercial risks abroad.
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Bonds and Guarantees: Including performance bonds, construction bonds, customs bonds, and deputy sheriff bonds.
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Invoice Discounting and Debt Collection: Services to improve cash flow and manage receivables.
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COVID-19 Guarantee Scheme: A government-backed initiative to support businesses during the pandemic.
Vision and Mission
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Vision: To be a reputable credit insurance agency providing catalytic trade solutions for sustainable export development in Botswana.
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Mission: To facilitate export development by providing trade credit insurance, export credit information, and financing solutions through innovation, operational, and service excellence.
Contact Information
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Address: Plot 142, Unit 1, Gaborone International Finance Park, Gaborone, Botswana
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Phone: +267 318 8015
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Email: beci@beci.co.bw
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Website: www.beci.co.bw