Geri
Letter of Guarantee
- Letters of guarantee against public institutions/organizations or private real/legal persons (Addressee), guaranteeing the amount to be paid in the event that the obligations undertaken under the contract cannot be fulfilled.
Letters of guarantee have different names such as advance, temporary, definitive, purchase of goods, etc. according to their subject. - Letters of guarantee can be issued for domestic or foreign counterparties, in Turkish Lira or foreign currency, with or without a term.
- For the issued letters of guarantee, commission is collected in advance, monthly or quarterly periods.
Details
TR
