E-Letter of Guarantee

All stages, such as maturity updates, return/release, and indemnification, remain identical to those of a paper-based letter of guarantee, but the entire process is now executed more securely and swiftly in a digital format.
The Electronic Letter of Guarantee is more secure because it uses an e-signature or mobile signature, making forgery impossible.
Through the integration of the Emlak Katılım System with the E-Guarantee Platform provided by the Credit Bureau (KKB) and the Electronic Public Procurement Platform (EKAP), electronic letters of guarantee, electronic reference letters, and electronic letters of intent can be issued for both the public and private sectors.

• Eliminates risks such as forgery, loss, or the lack of authorized signatures on the letter of guarantee.
• Saves time by removing operational burdens such as physical archiving, delivery, receiving/returning, and maturity tracking.
• Enables processes to move forward faster through direct communication between the bank and the beneficiary.

• The beneficiary must be a member of the Credit Bureau’s platform, ETMP, and KKB Findeks.
• The principal/applicant (must be a KKB Findeks member).
• It becomes valid the moment it is issued by the bank, and no approval from the beneficiary is required.