EDC Advance Payment Insurance (CapEx) ended Dec. 31, 2021.
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If you have an existing EDC Advance Payment Insurance (CapEx) policy, it covers:

You don’t receive the return of your advance payment because:

  • Your supplier becomes insolvent
  • Your supplier unlawfully breaks your contract
  • You lawfully end your contract 
  • Problems with currency conversion and transfer
  • War and related disturbances
  • Required permits, licences or approvals are cancelled or expire
  • Government declares a halt to paying international debts
  • Any instances where the supplier is related to the insured
  • Payments made after product has been shipped
  • Contracts which are more than one-third complete
  • Any amount that the buyer is entitled to hold back
  • Goods of unacceptable quality
  • Amounts from unresolved disputes
  • Issues resulting from incorrect documentation


 


Questions about our financial solutions?

If you’re new to EDC, please contact us weekdays between 9 a.m. and 5 p.m. ET.

1-800-229-0575

Or send us a question and we’ll get back to you as soon as possible. Send a question.

If you’re an existing customer, please contact your EDC account manager about any additional support you need.


 

 

 

EDC trade advisor



 

EDC trade advisor
Date modified: 2020-05-01