Revolver Guarantee - JSCB «Turonbank»

About loan

A bank guarantee is provided under the main agreement for making advance payments, fulfilling contract terms, deferring or partially paying customs duties, as well as for participating in tender bidding.

Terms for Issuing Bank Guarantees:
Currency of the bank guarantee	National currency – in Uzbek soums Foreign currency – in US dollars
Term of the bank guarantee under the main agreement	36 months (the term of each individual contract under the main agreement must not exceed the term of the main agreement)
Commission Fees	For micro, small, and medium-sized enterprises, as well as corporate clients (regardless of currency type), within the framework of the main agreement, a commission is charged for each individual contract for providing a bank guarantee as follows: If 100% cash collateral is provided – a one-time commission of 10 times the Base Calculation Amount (BCA), including VAT, is charged for each bank guarantee under the main agreement. For advance payments, fulfilling contract terms, deferral, or partial payment of customs duties – a commission of 2% of the guarantee amount (not less than 10 times the BCA, including VAT) is charged for each bank guarantee issued under an individual contract within the main agreement. The service fee is charged for each year of the guarantee’s validity. For participation in tender bidding – a one-time commission of 15 times the BCA, including VAT is charged for each bank guarantee issued under an individual contract within the main agreement. Note: If the client does not win the tender, if the tender is not held, postponed, or the client does not participate, the paid commission is non-refundable

Rates for corporative clients

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Documents

Contract form - Crediting (For small businesses)

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Take out a loan online

You can apply for a loan at a Bank branch or on the website. Online applications are accepted around the clock and are processed quickly.

Fill in the online application form. Our employee will contact you and tell you about the conditions of registration and issue.

FAQs

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Terms and Conditions

Required documents

1	Application(s)
2	Certified copies of founding documents not included in the client’s legal file (state registration certificate, charter, founding agreement, order on the appointment of the head and chief accountant, founders’ protocol, or founder’s decision to obtain a bank guarantee)
3	Notification of the tender (or a link to the website where the announcement is posted)
4	Decision of the client’s authorized body to obtain a bank guarantee
5	KATM certificate
6	License (if required for the respective industry)
7	Report from an independent appraisal organization regarding collateral
8	Decision of the property owner to provide collateral and supporting documents prepared in accordance with the requirements of the credit security policy

Requirements

1	Have a primary account in the JSCB "Turonbank" system
2	The enterprise must have been operating in the Turonbank system for at least 6 (six) months (an exception is made if the main account of other related companies was transferred to the Turonbank system by requirement)
3	No overdue debt or other mandatory payments to the bank (according to Card Index-2)
4	For previously issued loans (regardless of repayment), there must be no legal proceedings and/or write-offs
5	The enterprise must not have ended the last reporting period with a loss.

Security

In accordance with the collateral policy: liquid real estate, specialized equipment, vehicles, and deposit funds.