EXIM Thailand Pays Export Credit Insurance Claims to Chaochomvarnish Co., Ltd. to Compensate for Payment Default by Indian Buyer

Announcement date 08 October 2019
EXIM Thailand Pays Export Credit Insurance Claims to Chaochomvarnish Co., Ltd. to Compensate for Payment Default by Indian Buyer
Mr. Jarupat Panitying (right), Senior Vice President, Insurance Underwriting and Operation Department, Export-Import Bank of Thailand (EXIM Thailand), recently presented claims payment of 1,400,495.40 baht to Mrs. Veeraiyapan Varnishsettee (center), Managing Director of Chaochomvarnish Co., Ltd., manufacturer and exporter of deodorant perfume products and EXIM Thailand’s export credit insurance customer to compensate for payment default by a buyer in India due to product refusal, at EXIM Thailand’s Head Office.