ALBARAKA TÜRK, just like other conventional banks, is authorized to render
all types of intermediary and consultancy services on foreign trade and
foreign exchange. All types of import payment methods and procedures such as
letters of credit, cash against documents, cash against goods, cash payments,
acceptance credits and transit trade are carried out within the framework of
international banking rules and practices by highly qualified and
experienced staff using the most advanced banking means and opting only for
client satisfaction.
ALBARAKA TÜRK is also assertive in export services, as this trade is vital to the Turkish economy. ALBARAKA TÜRK is offering
intermediary and consultancy services for all types of export operations. It has a widespread international correspondent banking
network. ALBARAKA TÜRK is one of the very few Turkish banks adding confirmation to the export letters of credit issued through
Afro-Asian region, especially such countries like Algeria, Egypt, and Sudan. ALBARAKA TÜRK's major shareholder ABG (Albaraka Banking
Group)'s banks are operating in a very wide geography including North Africa and the Middle East. These include Banque Al Baraka
d'Algeria in Algeria, B.E.S.T Bank in Tunisia, Egyptian Saudi Finance Bank in Egypt, Jordan Islamic Bank in Jordan, Al Albaraka Bank in
Lebanon, Albaraka Islamic Investment Bank and Al Amin in Bahrain, Albaraka Bank Sudan in Sudan and Albaraka Bank Ltd. In South Africa
the referred banks provide a formidable synergy to Albaraka Türk in foreign trade.
ALBARAKA TÜRK offers fast, high quality and secure foreign trade (export and import) and international banking services through its
network of more than 160 correspondent banks in more than 52 countries, ranging from, Singapore to United Kingdom, South Africa to
China, Australia to Kazakhstan and including renowned banks on its list such as The Bank of New York, Citibank NA, Commerzbank AG, Banca
Intesa SpA, UniCredito Italiano SpA, Societe Generale , Lloyds TSB Bank plc.
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