{"id":1108,"date":"2025-01-13T16:13:16","date_gmt":"2025-01-13T13:13:16","guid":{"rendered":"https:\/\/sem.aydin.edu.tr\/en\/?p=1108"},"modified":"2026-03-12T10:58:33","modified_gmt":"2026-03-12T07:58:33","slug":"teminat-sozlesmeleri-sertifika-programi","status":"publish","type":"post","link":"https:\/\/sem.aydin.edu.tr\/en\/teminat-sozlesmeleri-sertifika-programi\/","title":{"rendered":"Security Agreements Certificate Program"},"content":{"rendered":"\n

Training Modules:<\/strong><\/p>\n\n\n\n

LETTERS OF GUARANTEE (Guarantee Contracts) (16 Hours)<\/strong><\/p>\n\n\n\n

I. DETERMINATION OF LEGAL NATURE<\/strong>
A. Legal Nature of Letters of Guarantee
B. Legal Nature of Independent Guarantees (TBK\/TGBK)
II. TYPES OF LETTERS OF GUARANTEE<\/strong>
A. Classification According to the Nature of Risk
B. Classification According to the Form of Payment Demand<\/p>\n\n\n\n

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  1. Bank Letters of Guarantee Payable upon First Demand<\/li>\n\n\n\n
  2. Conditional Bank Letters of Guarantee
    C. Classification According to the Subject Matter of the Guarantee<\/li>\n\n\n\n
  3. Temporary (Bid) Letters of Guarantee<\/li>\n\n\n\n
  4. Advance Payment Letters of Guarantee<\/li>\n\n\n\n
  5. Performance Letters of Guarantee
    D. Classification According to the Involvement of a Second Bank<\/li>\n\n\n\n
  6. Direct Bank Letters of Guarantee<\/li>\n\n\n\n
  7. Indirect Bank Letters of Guarantee
    E. Classification According to Duration<\/li>\n\n\n\n
  8. Fixed-Term Letters of Guarantee<\/li>\n\n\n\n
  9. Open-Ended (Unlimited) Letters of Guarantee
    F. Revocable and Irrevocable Letters of Guarantee
    G. Counter-Guarantees
    III. PARTIES TO A LETTER OF GUARANTEE<\/strong>
    A. Applicant (Principal)
    B. Beneficiary
    C. Guarantor (Issuing Bank)
    D. Correspondent Bank
    E. Counter-Guarantor
    IV. ESTABLISHMENT OF THE LETTER OF GUARANTEE RELATIONSHIP<\/strong>
    A. Establishment of the Contractual Relationships Between the Parties<\/li>\n\n\n\n
  10. Establishment of the Underlying Relationship between the Applicant and the Beneficiary<\/li>\n\n\n\n
  11. Establishment of the Reimbursement Relationship between the Applicant and the Bank<\/li>\n\n\n\n
  12. Establishment of the Guarantee Relationship between the Bank and the Beneficiary
    B. Establishment of an Indirect Letter of Guarantee<\/li>\n\n\n\n
  13. Determination of Relationships Between the Parties<\/li>\n\n\n\n
  14. Establishment of the Contract between the Applicant and the First Bank<\/li>\n\n\n\n
  15. Establishment of the Contract between the First Bank and the Second Bank<\/li>\n\n\n\n
  16. Establishment of the Contract between the Second Bank and the Beneficiary
    V. FORM OF THE LETTER OF GUARANTEE CONTRACT
    VI. OBLIGATIONS OF THE PARTIES IN LETTERS OF GUARANTEE
    A. Obligations of the Applicant (Principal)
    B. Obligations of the Banks<\/li>\n\n\n\n
  17. Obligations of the First Bank<\/li>\n\n\n\n
  18. Obligations of the Second Bank
    VII. COUNTER-GUARANTEE<\/strong>
    A. Legal Nature of the Counter-Guarantee
    B. Establishment of the Counter-Guarantee Contract
    C. Independence of the Counter-Guarantee
    VIII. ASSIGNMENT OF LETTERS OF GUARANTEE<\/strong>
    A. Assignment of Letters of Guarantee Subject to Independent Guarantee Rules
    B. Assignment of Letters of Guarantee under Turkish Law
    C. Effect of Assignment on the Counter-Guarantee
    IX. PAYMENT UNDER LETTERS OF GUARANTEE<\/strong>
    A. Determination of the Moment When the Bank\u2019s Obligation Becomes Due
    B. Presentation<\/li>\n\n\n\n
  19. Required Documents for Presentation<\/li>\n\n\n\n
  20. Partial Presentation<\/li>\n\n\n\n
  21. Form of Presentation<\/li>\n\n\n\n
  22. Place of Presentation<\/li>\n\n\n\n
  23. Language of Presented Documents
    C. Bank\u2019s Duty of Examination
    D. Payment of the Obligation Arising from the Letter of Guarantee<\/li>\n\n\n\n
  24. Compliance of the Payment Demand
    a. Place of Payment
    b. Currency of Payment<\/li>\n\n\n\n
  25. Special Situations Regarding Payment Demand
    E. Non-Compliant Payment Demands
    X. EXPIRATION OF THE LETTER OF GUARANTEE<\/strong><\/li>\n<\/ol>\n\n\n\n
    \n\n\n\n