The Gold Medallion Financial Protection Program gives members security in case of non-payment from another WCA member for up to USD 100,000. This security structure provides members with a safety net and permits all members to work with one another with peace of mind and complete financial security. It is not a credit facility.

Every enrolled member office in all WCA networks is covered by Gold Medallion. In the case of transactions between members of the same network (eg WCA First to WCA First, or WCA China Global to WCA China Global), the maximum covered is USD 100,000; in the case of transactions across networks (eg between a WCA First member and a WCA China Global member), the maximum is USD 50,000. Gold Medallion depends on shared responsibility between members and WCA.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.