Letter of Guarantee

Solutions That Meet Your Needs

Determine your company's needs, and let us arrange the most suitable letter of guarantee for you.

Quick Usage Opportunity

Let us respond quickly to your request within your limit, start using your letter of guarantee without delay.

Domestic and International Coverage

Secure your business processes with letters of guarantee in Turkish Lira or foreign currency, addressed to domestic and international beneficiaries.

Flexible and Reliable Financing

Let us provide the most suitable solutions for your budget by approaching your needs from a broad perspective.

Who Can Benefit?

Commercial Firms

Corporate Companies

Basic Credit Conditions

Corporate, commercial, and SME businesses are eligible.

Credit limit approval is entirely subject to bank authorization.

The bank reserves the right to make changes regarding the credit limit.

How to Use Letter of Guarantee?

Credit Request

You can apply for credit through your customer representative.

Credit Assessment

Your documents are reviewed and application outcome is determined.

Collateral Determination

Required credit collaterals are determined.

Credit Usage

Your credit becomes available after approval.

Frequently Asked Questions

Letters of guarantee are documents that secure the amount to be paid in case of non-fulfillment of obligations undertaken under contracts to public institutions, private organizations, or real/legal persons.

They can be issued in different types such as advance payment, bid bonds, performance bonds, and payment guarantees according to your company's needs. They can be prepared in Turkish Lira or foreign currency, addressed to domestic or international beneficiaries, with or without time limit. Commission for issued letters of guarantee is collected in advance, monthly, or quarterly periods.

These are the documents required for the bank to conduct a thorough analysis, as determined by laws, regulatory institutions, and the bank's internal regulations within the scope of credit evaluation processes.

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