Ziraat Bank Provides Unprecedented Support to Uzbek Exporters
Special Factoring Program
Early Collection Advantage for Your Exports to Türkiye
For your exports to Türkiye, you can securely and quickly collect your receivables before maturity through Ziraat Bank’s factoring product, while also expanding your trade volume.
Scope of the Program
Factoring services cover the following transactions:
• letters of credit opened by Turkish importers;
• letters of guarantee provided by Turkish importers;
• transactions carried out under the assurance of Ziraat Bank.
If the company you export to is a client of Ziraat Bank, transaction processes can be handled more efficiently, and in certain cases, the need for a letter of credit or guarantee may be eliminated.
Key Benefits
• Early collection with costs starting from 0.7% per month
• For enterprises in the electrical engineering industry, 50% of the discount or accrued interest amount related to factoring services is reimbursed from the funds of the joint-stock company “Trade Development Company”, provided that it does not exceed an annual interest rate of 4%.
• Flexibility to convert receivables into cash without waiting for maturity
• More balanced and predictable cash flow
• Access to financing under competitive terms
• Preferential exchange rates for foreign currency transactions
• Fast and cost-effective international transfer solutions
• Secure and sustainable trade infrastructure
Why Factoring?
• Reduces collection risk
• Accelerates your cash flow
• Enables faster response to new export opportunities
• Lightens your financing burden
With Ziraat Bank Uzbekistan Factoring, strengthen your export power!