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Turkiye's FAST Payment Limits Increase from April 2024

The Central Bank of the Republic of Turkiye has announced an update to the FAST (Instant and Continuous Transfer of Funds) payment system, increasing the ....

Central Bank , Continuous Transfer , Easy Addressing System ,

Turkish instant payment systm goes live


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Turkish instant payment systm goes live
28 January 2021
Source: Central Bank of the Republic of Turkey
Developed by the Central Bank of the Republic of Turkey (CBRT) as a new generation instant retail payment service available 24/7, the Instant and Continuous Transfer of Funds (FAST) System started operating on 8 January 2021 (today) following the completion of pilot tests with banks.
Along with the FAST System, the Easy Addressing System, which makes it easier to initiate electronic payments by using registered Turkish ID numbers, phone numbers or e-mail addresses, is also in operation now. ....

Republic Of Turkey , Central Bank , Continuous Transfer , Easy Addressing System , குடியரசு ஆஃப் வான்கோழி , மைய வங்கி , தொடர்ச்சியான பரிமாற்றம் ,