External Guarantees are guarantee agreements issued by banks to addressee organizations in favor of local or oversea natural or legal persons under an obligation to deliver some goods, perform any work, complete any project or pay any debt, etc., and containing a warranty that the bank will conditionally or unconditionally pay the amount of the guarantee if the obligation is not performed.

Parties of a Letter of Guarantee:

• Guarantor
  Issuer of the letter of guarantee
• Beneficiary
  Party whose act is guaranteed
• Addressee
  Party to which guarantee is provided
• Counter guarantor
  Issuer of the counter guarantee

When you think “Are the contents of my guarantee adequate?” and in preparation of all external guarantees such as advance, performance, or bid letters of guarantee you need in your commercial transactions intended for oversea, just trust Türkiye Finans' expertise.

All you need to do to effect your External Guarantee transactions with the goodwill and assurance of Türkiye Finans is to visit our nearest branch.