Collection Of Foreign Receivables In Turkey Introduction

1. INTRODUCTION

Today, commercial life is developing day by day. One of the biggest factors that play a role in the development of commercial life is international conventions. At this point, in international conventions of great importance, the issue of determining the receivable subject to performance in foreign currency is frequently encountered. Regarding the foreign currency receivables in question; if they are not paid on time, problems such as the currency in which the performance of the debt will be requested, the interest rate or the exchange rate to be applied are encountered. For this reason, first of all, the concept of foreign receivables should be clarified and then attention should be drawn to the way to be followed within the framework of the problems encountered.