Beyond insurance, the ECGC plays a critical role in unlocking capital. Banks are often hesitant to provide pre-shipment or post-shipment credit due to the uncertainty of foreign receivables. However, when an exporter holds an ECGC policy, it acts as a form of collateral. This "Export Credit Insurance for Banks" (ECIB) encourages financial institutions to extend larger credit lines and more favorable loan terms, providing the liquidity necessary for businesses to scale.

. This declaration is mandatory for maintaining insurance coverage under standard policies like the Shipments (Comprehensive Risks) Policy Usage & Filing Requirements

: Visit the ECGC Downloads Section to find the latest version of the "Monthly Declaration Form." If only a PDF is available, it can be used as a template to create your own Excel sheet.