Introduction

Discount Loans provide short-term funding by discounting your commercial receivables. Upon payment of interest and expenses, your short-term bills (checks, promissory notes, etc.) arising from your company’s commercial transactions are paid before maturity by Bank of China A.Ş.

Product Features

• The interest, commissions and taxes, if any, are deducted from the value of the receivables.

• The discount loans are granted with recourse.

• Discount loans are available in several currencies including TL, RMB, EUR and USD; but the receivables discounted have to be in the same currency with the loan.

Eligibility

Corporate and Commercial Companies

Application Procedures

1. You are welcome to contact Bank of China Turkey A.Ş by telephone. One of our relationship managers will visit your company to collect the necessary information in case there is an identified opportunity to cooperate.

2. The relationship manager will prepare the credit application and will submit to the related departments for approval.

3. The relationship manager will contact you to inform you about the decision of Bank of China Turkey A.Ş. and directly assist your company to complete the whole procedure.