Standby Letters of Credit

We can issue Standby on your behalf

  • To cover the losses after the default
  • To cover the payment and interest after it is due.
  • After insurance premium when due.
  • To cover the lease payment when due.
  • Or plainly enough we can just issue a standby to cover the services and good in case of non delivery of the same.
  • We also can arrange the bonds to be delivered on your behalf to large corporation who demand lots of services and commodities and ask for your bids and afterwards can ask for your performance Bonds. Both of them will be delivered to your agents in Turkey prior to the closing dates by one of our various branches who are well aware of the formalities of these corporations.