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Avalization

A finance instrument that payments are guaranteed to pay irrevocably by the bank on the maturity date written on the bill drawn by the applicant or on the bill of Exchange issued by the beneficiary and accepted by the applicant.

Features

  • Exporter firms have the advantage of payment on maturity.
  • Vendor firms have the guarantee that payment will be made on at maturity.

Advantages

Assurance: Your company would be benefited from Vakıf Katılım Bankası A.Ş reliability and respectability.