Individual guarantee

Also called: single guarantee · münferit teminat

A guarantee given for one specific operation, such as a single transit movement or temporary admission. It may be a cash deposit, a guarantor's undertaking or a voucher, and is released once the operation is discharged.

In practice

Occasional users often rely on individual guarantees, which can tie up cash until the procedure is closed.

Applies to: EUTürkiyeUK

Related terms

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Customs guarantee
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Customs bond
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