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Pre-financing Loan

Pre-financing Loan

Customers obtain these loans from abroad by bringing them to the country via banks in Turkey to be used in financing exports, sales, and deliveries that are regarded as exports, and goods and service purchases regarding operations that bring in foreign currency.

  • The maximum maturity is 24 months.
  • The loan must be converted into Turkish LiraIf a loan for sales and deliveries that are regarded as exports, and for services and operations that bring in foreign currency, is obtained, an inward processing authorization certificate, or tax, duty or charge exemption certificate must also be obtained.
  • The principal amount of the loan, as well as interest and fees, must be paid by the revenues earned from the sales and deliveries that are regarded as exports, and from operations that bring in foreign currency.
  • Pre-financing loans originate from abroad, thus their interest rates tend to be relatively lower than the foreign currency loans domestically.

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