Central Bank of Türkiye Republic, FAST (Instant and Continuous Transfer of Funds) System and increased the upper limit of payments per transaction.
With this important change, users can now transfer their balances up to the new upper limit to any person or institution they want, 24/7, whenever they want. EFT they will be able to.
FAST system is known as a payment system that enables instant money transfer at any time. Applied per transaction after update new upper limitwill make financial transactions more flexible and user-friendly.
Central Bank Announced: Upper Limit Increased!
The Central Bank of the Republic of Turkey published a new statement regarding the change made in the FAST (Instant and Continuous Transfer of Funds) System. the central bankAccording to the information published on the website:
As planned and announced to FAST participants in December 2023; Considering the interest of users in the FAST system and the dynamic requirements of the payments ecosystem, FAST transaction amount limits as of April 4, 2024; It will be increased from 50 thousand lira to 100 thousand lira for money transfers, and from 100 thousand lira to 250 thousand lira for dynamic verification workplace payments made using FAST-TR QR code.
Looking at the statement made, we see that the new upper limit has now been increased to 100 thousand TL. FAST-TR Code It was stated that up to 250 thousand TL transactions can be made at once in dynamic verification merchant payments to be made using this method.
Central Bank Announced its Policy Rate Decision: A Decision Exceeded Expectations!
The Central Bank announced its decision on the policy rate, which is said to be announced today. After the last interest rate increase, the policy rate increased to 45%.
With this explanation FAST limiti, was last changed on December 22, 2023. With this update, users will have the opportunity to trade larger amounts and manage their financial transactions more easily.
Source link: https://www.tamindir.com/haber/fast-limiti-arttirildi_85202/