Type | Description |
---|---|
Direct to Bank Method |
Direct credit to bank account in Turkish Lira (TRY)
Supported sender type - Individual and Corporate Supported beneficiary type – Individual and Corporate |
Transaction Turnaround Time |
Same day credit if transfer send before 1630 Turkey Time zone GMT +03:00
Transactions sent after 1630 will be processed the next Turkey banking day Transaction status will be updated on the next three banking days Subjected to Singapore office timing and funds being received |
Area availability | Turkey nationwide |
Validation / Verification |
Beneficiary name must be in Roman character for all transfer
Sender age must be age 18 and above A valid beneficiary mobile number (international dialling standard) is required Sender ID (Identification ID for Turkish National) is required |
Account received | Amount received Beneficiary received net amount as specified by sender |
Transaction Limit |
Maximum per transaction TRY 250,000.00
Minimum per transaction TRY 1.00 Compliance accumulated limit TRY 860,000.00 per day per beneficiary |
Service Charge | Transaction fee will not be refunded upon submitted to the banks |
Cancellation Process | Cancellation is on best effort basis |
Remark | Transaction status will be updated after 1.5 Turkey Banking day after the transaction is sent to bank |