EXCHANGE EARNING SERVICES CREDIT
Project Status : Active
Updated Date : 28.04.2021
EXCHANGE EARNING SERVICES CREDIT
DETAILS
We provide credit opportunities within the scope of the Exchange Earning Services Credit program for the financing of foreign currency earning services to be realized abroad by companies residing in Turkey and services such as software, project design and consultancy to be exported abroad.
What is Exchange Earning Services Credir?
It is a loan program for the financing of the services that Turkish companies will perform abroad.
Whom is it suitable for?
- Contracting, consultancy, software and engineering services to be carried out abroad,
- Health services to be provided to foreign nationals (including diplomatic representatives and their members), tourists or Turkish citizens working abroad in exchange of foreign currency during their stay in our country,
- Sales of goods and services within the scope of maintenance and repair services performed on behalf of companies residing abroad, Turkish and foreign flagged ships, aircraft or trucks on foreign voyages, maintenance and repair, renewal and conversion, maintenance, repair, renewal and conversion (excluding fuel and mineral oils) provided that the costs are received in foreign currency
- The sales of news with or without video to foreign media organs are financed by domestic news agencies.
Our exporters, who are deemed sufficient in terms of financial analysis and commercial ethics as a result of the intelligence and evaluation studies carried out by our bank, can benefit from our Exchange Earning Services Credit program.
What is the program limit?
Within the scope of our Exchange Earning Services Credit program, we can provide our exporters with credits up to USD 25 million.
The project limit is determined by our Bank on a project basis, taking into account the provisions of the contract signed between the service providers and companies, provided that they do not exceed the program limit and the amount of VRHIB.
What is the transaction lower limit?
There is no lower limit for our exporters within the scope of our Exchange Earning Services Credit program.
How long is the term?
Term options are posted on our website with interest / dividend rates.
What is the cost?
The interest rates to be applied to the credit are determined by our Bank. You can access the relevant rates from the interest and dividend rates section on our website.
