A Foreign Exchange Facility Guarantee encourages your financial institution to forego its usual demand for collateral when you purchase foreign exchange contracts to protect against currency fluctuations.
EDC reviews your company’s managerial, technical and financial capabilities and assesses your relationship with your financial institution.
Cost:
Pricing is based on several factors including exporter risks and contract-specific factors.
Claims:
If you do have a collection problem, EDC has a simple and effective claims and recoveries process.
For more information, you may visit the EDC Web site.
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New Brunswick Contact(s):
See National Contact.