To all those who live, work or do business in Turkey, save yourself this post!

  • 25.08.2025
  • 149 views

WHAT IS CHANGING:

From 200 thousand to 2 million TL —
Be sure to write the detailed purpose of the payment (at least 20 characters)!
Examples: "rent of an apartment", "purchase of furniture for a house", "tuition fees at the university".
Just "other" or "transfer" won't work anymore!

, From 2 to 20 million TL —
You need to fill out a special declaration

✅ Over 20 million TL —
Prepare documents confirming the origin of funds.

WHY IS THIS BEING INTRODUCED?
To combat the shadow economy, money laundering and the financing of illegal activities.

advice:
Get used to describing transfers in detail and storing receipts/documents for large transactions right now!