benefits PPF

GLSN Payment Protection Fund

GLSN’s Payment Protection Fund (PPF) provides an added layer of financial security for members by helping mitigate the risk of non-payment between verified GLSN partners. Designed to support trust, accountability, and responsible cooperation, the PPF reinforces confidence when building new international relationships.

Overview

What the PPF Covers

The Payment Protection Fund applies to qualifying transactions between verified GLSN members. Coverage is designed to support recovery efforts in defined non-payment scenarios and operates within clearly established eligibility guidelines.

Coverage applies only to transactions between verified GLSN members

Claims are processed through GLSN’s appointed recovery and validation partners

Interest, fees, penalties, and goodwill losses are excluded

Transactions not reported within the defined timeframe may forfeit eligibility

Coverage Levels

Choose the Level That Fits Your Membership

GLSN members may be eligible for basic protection automatically, with the option to apply for enhanced coverage based on membership status and participation.

Basic PPF Coverage

Standard protection applied to qualifying transactions
Coverage limits defined per claim
Included as part of GLSN membership following verification

Apply for Basic PPF Coverage

Full PPF Coverage

Annual participation fee applies
Enhanced coverage limits per year
Optional enrollment subject to eligibility review

Apply for Full PPF Coverage

ELIGIBILITY

How to Qualify and Claim

To remain eligible, members must follow the established PPF reporting and validation process. All claims are subject to review and confirmation before coverage is applied.

Invoice remains unpaid beyond the defined period

PPF Alert submitted through the GLSN reporting system

Validation and assignment to approved recovery partners

Coverage decision issued following review

REAL-WORLD EXAMPLES

How PPF Coverage Works

Below are simplified illustrations showing how GLSN’s Payment Protection Fund may apply in different non-payment scenarios. These examples are for explanatory purposes only and do not constitute guarantees.

Scenario 1

A GLSN member experiences a qualifying non-payment on an eligible transaction. Following validation and confirmation, coverage is applied up to the applicable basic protection limit.

Scenario 2

A GLSN member enrolled in enhanced PPF coverage reports a qualifying non-payment. After review, coverage is applied in accordance with the enhanced annual protection limits.

PPF ALERT

Keeping Payments Accountable

The PPF Alert system is designed to promote early visibility and responsible resolution of overdue transactions between members.

Automated alerts issued at defined reporting intervals
Early notification helps prevent escalation
GLSN oversight and assistance included

A Global Network Built on Reliability

Apply today to become part of GLSN — a forwarder-focused network where trusted partnerships, secure tools, and global access come together to support long-term growth.

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