Exchange Transactions
For all your import or export transactions, Denizbank offers compatible prices, widespread correspondents, specialization and speed that you seek at foreign currency purchases and sales, transfers to foreign countries and collection of export prices.
Letter of Loan
It is a foreign trade product ensuring supply of the goods of the type you desire against the price that your business has paid or will pay during imports and ensuring collection of the price of the goods under defined terms and conditions by our bank during exports.
They are non-cash loans in foreign currency of which addressee is the person/entity domiciled abroad.
They are issued directly or against counter guarantee with regard to the foreign contracts of your business, which carry out such activities as construction, assembly and installation works, engineering, project design, consulting and carriage, or for the purpose of ensuring shipment/delivery of the goods that foreign buyers purchased from your business by cash payment.
Acceptance/ Guaranteed Loans
They are foreign trade loans guaranteed by DenizBank that payment will be made to the supplier at the end of certain maturity at your business’s imports without making cash payment and that the policy drawn to the supplier is accepted.
- At Aval transactions, the policies accepted by the importer and of which remaining maturity is maximum 1 year are guaranteed.
- At imports under Cash against Goods, Cash against Documents and L/C are converted into policies and become debts under promissory note.
- For the foreign guaranteed policies, premature collection is possible via discounting.
Eximbank Loans
These are the loans supplied by Türkiye İhracat Bankası A.Ş. (Eximbank) through our bank for the purpose of promoting exports. They are utilized against the commitment of definite export of Turkish origin goods that Eximbank defines during preparation to export.
Foreign Loans
They are the non-cash loans in foreign currency of which addressee is the persons/entities domiciled abroad.