Guarantees and letters of credit
See the bank guarantees you have issued, the limit they block, and when you get them back, on one screen. Every expired but unreturned guarantee is credit capacity you cannot use.
To whom, how much, until when
Every guarantee you have issued is listed by beneficiary, amount, maturity and bank. Performance, advance and bid guarantees are kept distinct by type.
Open-ended guarantees are tracked separately: one with no maturity never runs down over time — it uses your limit until it is returned.
Ziraat BankasıPerformance · advance18,400,000 ₺
İş BankasıPerformance12,900,000 ₺
Garanti BBVAPerformance · bid9,200,000 ₺
AkbankAdvance7,600,000 ₺
VakıfBankPerformance4,300,000 ₺It expired, and your limit is still full
When a bank guarantee expires, your limit is not released. It is treated as in force until the original is returned to the bank, and it keeps using your non-cash limit.
This is common in Türkiye: the beneficiary never returns the guarantee, nobody tracks it, and the limit stays blocked for years.
Are you getting what you pay for in commission
Guarantee commission is usually collected in advance every three months, and repeats as long as the guarantee is in force. For one that has not been returned, you keep paying.
Upcoming commission payments flow into the cash flow forecast on their own — on an open-ended guarantee, that means a recurring cost all the way to the end of the horizon.
A claim is not a guarantee — it is a debt
When a guarantee is claimed, the bank pays the beneficiary and you owe the bank. From that moment you no longer hold a guarantee commitment — you hold an interest-bearing loan.
Tideon treats it accordingly: a claimed guarantee comes off the non-cash limit, a cash debt arises in its place, and it enters the cash flow forecast.
A letter of credit is not a bank guarantee
A bank guarantee is never paid in its normal course — it is returned at term end, and a claim is the exception. A letter of credit is a payment instrument: once documents comply, it is paid without fail.
That is why a letter of credit enters the cash flow forecast and a bank guarantee does not.
Off balance sheet, but not free of cash impact
Bank guarantees don’t show up on the balance sheet, but they consume your credit capacity. If a bank gives you a TRY 100 million limit and TRY 40 million of it sits in unreturned guarantees, your real capacity is TRY 60 million.
Tideon keeps this distinction on every screen: a non-cash limit never enters the liquidity buffer, because it creates no cash.