Business

The limit in FAST has been increased to ₺50 thousand

The Central Bank of the Republic of Turkiye increased the limit of the Instant and Continuous Transfer of Funds system to ₺50 thousand.

According to the information on the CBRT’s website, the per transaction limit of the FAST system has been updated.

Accordingly, while there is no transaction limit in the FAST system, a maximum of ₺50 thousand can be sent per transaction.

In dynamic verification workplace payments using FAST-TR QR Code, transactions up to ₺100 thousand can be made at once.

Before the update, the FAST limit was ₺20 thousand.

Source: Trthaber / Prepared by Irem Yildiz

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