Letters of Guarantee
Guarantee letters, containing the bank’s payment undertaking, issued to ensure that the contractual terms agreed between the parties are fulfilled.
Features
Depending on their use, letters of guarantee can be issued as bid-bond, performance, advance-payment or free-form letters — FX-indexed or in TRY, and with or without a term.
Türk Eximbank Letters of Guarantee
This is a letter of guarantee issued in Turkish lira (TL) or foreign currency addressed to Turkish Eximbank (Türkiye İhracat Kredisi Bankası A.Ş.) to secure loans that manufacturers and exporters producing goods for export will obtain directly from Turkish Eximbank.
For low-cost loans provided by Turkish Eximbank to finance exports, sales and deliveries deemed as exports, and foreign exchange-generating services and activities—with the aim of encouraging such activities—you can meet the guarantee requirement requested by Turkish Eximbank through a letter of guarantee issued by Emlak Katılım to Turkish Eximbank.
For details and applications, visit your nearest branch or call our Customer Contact Center.