Letters of Guarantee

Bank Letters of Guarantee,

A letter of guarantee is a document issued for the fulfilment of the terms and conditions of the contract determined by and between parties and which includes the payment commitment of the bank.

Letters of guarantee can be issued as provisional, definite, advance, foreign currency based or in TL, issued for definite or indefinite period.

Türk Eximbank Letters of Guarantee

Letter of Guarantee issued in TL or foreign currency addressed to Türk Eximbank in order to constitute guarantee for the credits to be directly received by manufacturer and exporter firms manufacturing export-oriented goods from Türk Eximbank (Export Credit Bank of Turkey).

In low-cost credits to be provided by Türk Eximbank for financing of the export, sales and deliveries considered as export and foreign exchange earning services and activities and the promotion of such activities; you can meet the guarantee need to be requested by Türk Eximbank using the letter of guarantee to be submitted by Emlak Katılım to Türk Eximbank.