TCMB - Press Release on Increasing FAST System Transaction Limits (2024-16)
Central bank: tcmb | Type: decision | Date: 2024-04-02

Press Release on Increasing FAST System Transaction Limits (2024-16)
No: 2024-16
2 April 2024
Press Release on Increasing FAST System Transaction Limits
As of 4 April 2024, the FAST transaction limits will be raised to TRY 100,000 for money transfers and TRY 250,000 for merchant payments using FAST-TR QR Code.
Given the users’ interest in the FAST System and the dynamic requirements of the payments ecosystem, and as planned and announced to FAST participants in December 2023,
as of 4 April 2024, the FAST transaction limit
for money transfers
will be raised to TRY 100,000
from TRY 50,000, and
the limit for merchant payments with dynamic verification using FAST-TR QR Code to TRY 250,000
from TRY 100,000.
Press Release on Increasing FAST System Transaction Limits (2024-16)