ICBKTRISTKS

Payment Instructions

General instructions for international payments to banks in TURKIYE: To make a cross-border payment to Turkey, obtain all required bank information from the Beneficiary, such as SWIFT BIC, IBAN, and the beneficiary bank address. Note that banks in Turkey usually do not accept payments for beneficiaries without accounts. Ensure to include the account number, full name (without initials), and address of both the ordering and beneficiary customers in payment instructions (SWIFT MT103 F50 & F59). The IBAN must be included, and the purpose of payment should be stated (SWIFT MT103 F70). Ensure the SWIFT BIC uses the format xxxxTRxx or xxxxTRxxxxx. Note that banks are closed on Saturdays and Sundays.

IBAN: In Turkey, the IBAN consists of 26 alphanumeric characters. The structure is TR2!n5!n1!c16!c, and an example electronic format is TR987123456789123456789123. The first two characters are the country code 'TR', followed by a two-digit check number and the Basic Bank Account Number (BBAN).

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks of ICBC TURKEY BANK A.S. (FORMERLY TEKSTIL, BANKASI A.S) for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from ICBC TURKEY BANK A.S. (FORMERLY TEKSTIL, BANKASI A.S), you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Other Branches

Disclaimers

We are doing our best to demystify cross-border payments, however TrackMySwift is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.