Type Description
Cash-out Method Direct credit to bank account in Turkish Lira (TRY).
Supported beneficiary account type – individual and company
Transaction Turnaround Time
  • Real Time Transfer from 0900 to 1630 Turkey Time zone GMT +03:00
  • Transaction send after 1630 will be processed the next Turkey banking day.
  • Transaction status will be update in the next banking day.

Subjected to Singapore office timing and funds being received
Area availability Turkey nationwide
Validation / Verification
  • Beneficial bank name
  • Bank code
  • Beneficiary name must be in Roman character for all transfer
  • Account number must be in IBAN Format.
  • Sender age must be age 18 and above.
  • A valid beneficiary mobile number (international dialling standard) is required.
Account received Amount received Beneficiary received net amount as specified by Sender
Transaction Limit Transaction Limit
Maximum per Transaction TRY 50,000.00
Minimum per Transaction TRY 1.00
Compliance accumulated limit TRY 50,000.00
Service Charge Transaction fee will not be refunded upon submitted to the banks.
Cancellation Process Cancellation is on best effort basis.