Subject of this page
Power of attorney for assignment/transfer of receivable (bank - own debt - specific receivable).
Wording explained in the source text: sale and transfer, suretyship, application and signature.
SHORT ANSWER
Power of attorney for assignment/transfer of receivable (bank - own debt - specific receivable): full sample text, explanations of the authorities mentioned in the text and a checklist for preparation before the transaction. The authority to be granted depends on the transaction to be carried out and on the situation of the person represented.
Power of attorney for assignment/transfer of receivable (bank - own debt - specific receivable).
Wording explained in the source text: sale and transfer, suretyship, application and signature.
The person to be authorised, the transaction, the amount, the term and any limits should be specified. Granting every authority in the text may not be necessary for every transaction.
The notarial or consular form and the document requirements of the institution concerned must also be confirmed.
P08-016 · ENGLISH TRANSLATION OF THE FULL SOURCE TEXT
Attorney details
When a power of attorney is drawn up, the attorney details above are used; the authorities to be granted are determined for the specific transaction.
This is an English translation of the Turkish sample text, provided for information only. A power of attorney to be used in Türkiye is executed in Turkish: the Turkish original (PDF or Word) is the text to take to the notary or consulate, and the translation does not replace it.
Sample authority text (English translation)
Within the borders of the Republic of Türkiye, at all official, semi-official, private, national and foreign banks and financial institutions that currently exist and will exist hereafter, to secure my debts arising and to arise from all kinds of loan agreements that I have signed and will sign with them and, without being limited thereto, from all kinds of agreements and undertakings that I have signed and will sign, together with my debts arising and to arise from all other kinds of agreements and undertakings that I have signed or will sign in the capacity of guarantor, and to guarantee the repayment of my debts, to assign my receivable in the amount of , on whatever terms he/she wishes, to whichever bank or financial institution he/she wishes, to transfer it, to determine the terms of the assignment and transfer as he/she wishes, to amend them, to negotiate all kinds of agreements, undertakings, instructions, notices and other documents relating to the assignment and transfer, at the relevant assignee - transferee banks, financial institutions and notary offices, to sign the assignment agreements, to sign unilateral deeds of assignment and transfer agreements, to carry out registration and other necessary transactions before the Central Invoice Registration System (Merkezi Fatura Kaydı Sistemi, MFKS) and other relevant registries and all official authorities, to amend, to correct errors, to draw up and sign correction declarations, to pay all kinds of expenses, taxes, fees and other payments, to carry out all kinds of acts and transactions necessary in these matters, to pursue and conclude them by signing,
The source text has been translated in full. Before using the sample, check the identity, transaction, authority and form requirements.
WORDING IN THE TEXT
This section explains the wording found in the source; it does not add any new authority to the source text.
Covers wording on transferring goods or a right to another person. The subject matter, price, buyer and the limits of the transaction should be clarified.
May relate to assuming liability for another person's debt. The authority, form, amount and, where applicable, the spousal consent requirements should be assessed according to the specific transaction.
Refers to the authority to apply to the relevant institution or sign documents for the specified transaction. The scope of documents and transactions should not be treated as unlimited.
PREPARATION BY TRANSACTION
Prepare the bank or institution, account, loan, receivable or security details.
Identify the debtor, the amount of the transaction and the term; distinguish between your own debt and another person's debt.
Prepare your valid identity document and the attorney-in-fact's details; confirm with the notary office or consulate whether additional documents and photographs are required.
If a foreign notary will be involved, clarify the sample text and the certification/translation route for the country concerned with the firm before the transaction.
Broad scope of authority
These flags prompt you to check the wording of the text; they are not confirmation that the transaction is valid or applicable under current law.
Assess the details and authorities in the sample against your specific transaction. The form of the notarial or consular act and the current legislation must also be checked separately.
Use the Print option, or download the Turkish original as a PDF or Word (RTF) file. Only the Turkish original is offered for download, because a power of attorney to be used in Türkiye is executed in Turkish. The RTF file can be edited in Word and compatible word processors.
First clarify the transaction and the scope of authority with our firm. Depending on whether you go through a consulate or a foreign notary, determine the preparation of documents, certification and translation.
Official consulate appointment page (opens in a new tab)Import date: 27 September 2026. This date is not a legal update date.
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