STRUCTURED GUARANTEES
Our products that we define as "Structured Guarantees" are currently offered for only:
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Projects undertaken by Turkish contractors abroad,
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Domestic urban transformation and real estate development projects,
The types of structured surety - guarantee products that we model, consultancy and mediate, their operation method and the documents issued are briefly listed on the side.
Please contact us for more information and requests.
Surety Agreement and Surety Bond
If the employer abroad can accept a surety bond directly, a surety agreement is made with the contractor, and depending on this contract, a surety bond of which the employer is the beneficiary is issued.
In domestic urban transformation and real estate development projects, a surety agreement is drawn up with the housing company, and a surety bond is issued in which the beneficiaries and home buyers are listed as beneficiaries.
Minimum bond limit: 5 million USD
Surety Agreement and Bank Guarantee Letter
If the employer abroad accepts a bank letter of guarantee, a suretyship agreement is made with the contractor, this contract is submitted to the bank as a counter-guarantee, and depending on the additional suretyship agreement to be made with the bank, a bank letter of guarantee of which the employer is the beneficiary is issued.
Minimum bond limit: 10 million USD
Surety Agreement and Letter of Credit
A suretyship contract is made with the exporter for the advances paid by the buyer abroad, and based on this contract, a bond of which the buyer is the beneficiary is issued and forwarded to the buyer's bank.
If the buyer accepts only a bank credit letter, a surety agreement is made with the exporter, this contract is presented to the bank, and depending on the additional surety agreement to be made with the bank, a bank credit letter of which the buyer is the beneficiary is issued and forwarded to the buyer's bank.
Minimum LC limit: 20 million USD