Electronic Product Certificate (ELÜS)

Agricultural products held in licensed warehouses are represented by an official electronic record—known as an electronic product receipt, or ELÜS—generated by the licensed warehouse to represent a specific quantity, type, class, and quality of product.

These receipts can be traded electronically through Commodity Market Intermediary Institutions (ÜPAK) that have an agreement with our bank.

The Electronic Product Certificate (ELÜS) offers numerous advantages to producers and investors, with benefits that are effective in both the short and long term. Some of the advantages provided by the ELÜS system are as follows:

Advantages for Producers:

• Products can be offered for sale at an opportune time without the need for immediate disposal.
• The true market price is determined through product quality standardization and classification.
• It provides secure storage and reduces losses and transportation costs.
• It protects products against risks such as theft, fire, and others.
• It facilitates access to operational financing by allowing ELÜS certificates to be used as collateral.

Advantages for Investors:

• It offers the opportunity to invest in agricultural products.
• It provides the potential to generate profit by capitalizing on price fluctuations.
• It facilitates ELÜS trading for investors through an easy and reliable transaction infrastructure.

As an investment instrument, the Electronic Product Certificate (ELÜS) offers numerous advantages to financial markets and investors, including direct access to agricultural products, the opportunity to capitalize on price fluctuations, a hedge against inflation, and the potential to serve as financial collateral. As an instrument based on agricultural products, ELÜS plays a critical role in both investment diversification and the development of the agricultural sector.

• AKDENİZ Product Market Intermediary Institution Inc.
• ANADOLU Product Market Intermediary Institution Inc.
• BORSAKONYA Product Market Intermediary Institution Inc.
• ELÜSMARKET Product Market Intermediary Institution Inc.
• MARMARA Product Market Intermediary Institution Inc.
• MEZOPOTAMYA Product Market Intermediary Institution Inc.

To establish a membership through Product Market Intermediary Institutions (ÜPAK), our customers must hold an Investment Account with our bank.
You can open your Investment Account immediately via our mobile banking app; if you are not yet a customer, you can become one right away by visiting our branches or through a video call.

You can obtain detailed information about the market and its operations from the Turkish Mercantile Exchange (TÜRİB).