External Guarantee/Counter-Guarantee

Alternatif Bank offers you full guarantee!

What is External Guarantee/Counter-Guarantee?

External Guarantee and Counter-Guarantee enables the Turkish companies to do business overseas and foreign companies to do business in Turkey. External guarantee is directly advised to beneficiary whereas Counter-Guarantee requires a local guarantee to be issued in beneficiary country.

Guarantee and Counter-Guarantee Types

  • Bid Bond, Tender Bond/Guarantee
  • Performace Bond/Guarantee
  • Advance Payment Guarantee
  • Other Guarantees

Frequently Asked Questions

Who can apply for External Guarantee/Counter-Guarantee?

Businesses and legal entities can benefit from External Guarantee/Counter-Guarantee.

When will my application be finalised?

Alternatif Bank conveys the decision after the assessment and analysis process. 

What is the difference between External Guarantee and Counter-Guarantee?

When the local guarantee letter of a foreign bank is requested with Counter-guarantee, whereas in External Guarantee, the letter of guarantee is provided by Alternatif Bank. 

Our Other Trade Finance Services

You can view our Trade Finance solutions below.

Export Loans

From order to sales maturity, your credit for export financing is ready at Alternatif Bank!

Eximbank Loans

Apply now for Eximbank’s cost-effective loans with Alternatif Bank's swiftness!

Acceptance&Aval Credits

Acceptance&Aval Credits, mitigates non-payment risk of the exporter and allows importer to clear the goods before payment due date.

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VOV Deposit Calculator

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Deposit Calculator

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Loan Calculator

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Commercial Loans Calculator

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