With Bankkart Başak Supply Chain Financing, TÜROB members will be able to obtain special payment terms and financial advantages on their purchases...
CIRCULAR NO: 20/165
Istanbul, 22.10.2020
IMPORTANT
Relevant Unit: Chairmanship of the Board, General Management, Financial Affairs & Finance, Purchasing
Subject: With Bankkart Başak Supply Chain Financing, TÜROB members will be able to obtain special payment terms and financial advantages on their purchases.
Executive Summary: Through the Ziraat Bankası Bankkart Başak Supply Chain Financing pilot scheme, TÜROB member businesses will be able to obtain special payment terms and equal instalment advantages on their corporate purchases.
Dear Member,
The "Bankkart Başak Supply Chain Financing" product has been developed as a pilot scheme for supply chain purchases between the Out-of-Home Consumption Sector Organisations (ETÜDER, TURYİD, TUSİD, TÜRES, TÜROB, TÜROFED, YESİDEF, ZÜCDER) and Ziraat Bankası.
Member businesses of TÜROB, TURYİD, TÜRES, TÜROFED, and YESİDEF will obtain special payment terms and financial advantages on supply purchases they make from supplier firms that are members of ETÜDER, TUSİD, and ZÜCDER (APPENDIX 4), while suppliers will be able to collect their payments the following day, at special rates or on a blocked basis with bank guarantee.
Bankkart Başak, a commercial credit card that eases cash flow by providing flexible payment terms and instalment options on goods/product purchases for firms operating in the Out-of-Home Consumption Sector, enables trade between the parties to be conducted securely through the card system and helps grow business volumes.
Bankkart Başak offers Buyers (TÜROB Member Businesses) Flexible Payment Terms and the option to pay in Equal Instalments.
1- Flexible Payment Terms:
-Single payment at a term to be set of up to 360 days (example: single payment after 90 days)
-Payment in instalments at variable terms of up to 360 days (example: sequential payment at 45, 60, 75, 90 days)
-The Buyer will make payments to the Bank at the terms to be set between the Buyer and the Seller.
2- Payment in equal instalments (up to 5 equal instalments)
-In these transactions, no cost is passed on to the Buyer, while different costs are passed on to the Seller depending on whether they operate on a blocked or commission basis.
-The Buyer will make payments to the Bank equally, in a maximum of 5 instalments.
-The number of instalments may be set at a maximum of 5.
How to benefit;
TÜROB member businesses will be given a high-limit credit card specifically for supply purchases. Limits will be at a minimum level of 15-20% of the firm's annual turnover. Our members will need to apply for the Başakkart.
Detailed information is provided in the appendices to our Circular. To apply for the Başakkart, you must apply to the Ziraat Bankası branch you work with or the one nearest to you, using the Membership Certificate you will request from our Association. If your business does not appear within the system at the Ziraat Bankası branch, we kindly ask you to contact our Association headquarters in writing via the e-mail account info@turob.com.
Respectfully,
TÜROB - Türkiye Otelciler Birliği
Müberra ERESİN
Chair of the Board
APPENDICES :
2-Bankkart Başak Supply Chain Financing Detailed Presentation
4- Bankkart Başak Supply Chain Financing Supplier List
ETÜDER: https://etuder.org.tr/uyelerimiz-2/index.html
TUSİD: http://www.tusid.org.tr/userList
ZÜCDER: http://www.zucder.org.tr/