New IBAN Transfer Rules in Turkey: What Has Changed

🇹🇷💱 IBAN Transfers in Turkey: New Security Rules

Turkey is strengthening banking security measures to reduce fraud and unauthorized transactions. The banking regulator :contentReference[oaicite:0]{index=0} has introduced new rules that are already in effect and apply to users of mobile and internet banking.

⚠️ What has changed

Banks are introducing additional verification layers to improve transaction security and prevent fraudulent activity.

🕒 Time restrictions

If a customer still uses an old-style identity card (without a chip), certain restrictions may apply:

• IBAN transfers may be blocked from 22:00 to 06:00
• Transactions during this period may not be processed at all

These measures are intended to reduce fraud risks, especially during night hours when monitoring is lower.

💱 Transfers over 20,000 Turkish lira

For transfers starting from 20,000 Turkish lira, additional identity verification may be required:

• Confirmation via mobile banking application
• Identity verification using a new chip-based ID card
• In some cases, video call verification with the bank

These checks may vary depending on the bank and customer profile.

🪪 Why these rules were introduced

The main goal is to reduce fraudulent transactions, especially those carried out at night or involving large amounts. Digital banking fraud has increased in recent years, prompting stricter identity verification procedures.

📱 Important technical requirements

Some banks may require additional tools for identity verification:

• A new chip-enabled national identity card
• A smartphone with NFC support for fast authentication

If NFC is not available, banks may offer alternative verification methods such as customer service video calls.

These requirements depend on the bank’s internal security system and may differ between institutions.

✅ What you should do now

To avoid restrictions and ensure uninterrupted banking access:

1. Replace your old ID card with a new chip-based identity card at :contentReference[oaicite:1]{index=1}
2. After receiving the new ID, update your information in your bank’s system via mobile app or in-branch visit

Once all data is updated and verified, there are no restrictions on transfers and banking operations proceed normally.

📌 Important note

These changes are part of Turkey’s broader effort to improve digital banking security and reduce financial fraud risks. Users who keep their identification and banking data updated will not experience disruptions in IBAN transfers.