Foreign Exchange Facility Guarantee

A Foreign Exchange Facility Guarantee encourages your financial institution to forego its usual demand for collateral when you purchase foreign exchange contracts to protect you against currency fluctuations.

Eligibility Criteria

EDC reviews your company’s managerial, technical and financial capabilities and assesses your relationship with your financial institution.

Summary

Free up your working capital by replacing your financial institution’s collateral requirement on foreign exchange contracts by up to 30%.

A Foreign Exchange Facility Guarantee can also help you accurately budget your revenues and costs in Canadian dollars and pay your suppliers without fear of losing money because your exchange rates are locked in.

Pricing is based on several factors including exporter risks and contract-specific factors.

For more information, you may visit the Web site or contact EDC.

*Note: To download publications in PDF format, Adobe Reader is required (available free of charge).

Manitoba Contact(s):
Export Development Canada
Suite 2075, Commodity Exchange Tower
360 Main Street
Winnipeg, Manitoba  R3C 3Z3
Telephone: 204-975-5090
Fax: 204-975-5094
Web site: http://www.edc.ca/english/index.htm
 

 

---

 

National Contact(s):
Export Development Canada
151 O'Connor Street
Ottawa, Ontario  K1A 1K3
Telephone: 613-598-2500
Fax: 613-237-2690
Toll-free (information): 1-866-283-2957
TTY (hearing impaired): 1-866-574-0451
Web site: http://www.edc.ca/english/8522_contact_us.htm