TCMB - Press Release on FX-Protected Deposit Accounts (2025-45)
Central bank: tcmb | Type: decision | Date: 2025-08-23

Press Release on FX-Protected Deposit Accounts (2025-45)
No: 2025-45
August 23, 2025
Press Release on FX-Protected Deposit Accounts
Account openings and renewals for FX-protected deposits (KKM) have been terminated.
With the termination of KKM accounts, the total target for KKM accounts’ transition to TRY and renewals has been abolished. Accordingly, the CBRT has revised its regulations on reserve requirement remuneration and commission practices.
Press Release on FX-Protected Deposit Accounts (2025-45)