Discounts for EFT and Money Transfer Fees in Banks

At the request of the citizen, discounts were made to the fees of EFT and money order transactions made from ATM, mobile, internet and branches .

EFT and money order, which are among the easiest ways to transfer money, are used by almost everyone. Of course, in these transactions, banks charge transaction fees from individuals. Transaction fees vary according to the amount of transfer you make. For example, if you send an amount of 0-1000 TL, you pay a different amount. If you are sending an amount such as 1000-50000TL, the amount varies in these ranges.

Treasury and Finance Minister Berat Albayrak said in a statement on Twitter that he received complaints from the citizen on the grounds that the transaction fees in the banks are high. BRSA  and Central Bank initiated efforts to reduce the amount of transactions . In the studies carried out, an upper limit was placed on wages for both commercial and financial consumers. For example 6-67TL charge of transfers made between 1-5TL it was drawn up between 1000tl'y. Let's take a look at all fees.

1000tl'n under the EFT transactions as you can see in the picture above from the mobile , internet from and regular payments from the method 1TL be cut. ATM 'in den EFT transactions made 2TL wages withheld; 5 TL fee will be deducted for EFT transactions made through branches and other means . You can check other amounts in the table.

The authorities, who also issued regulations to remittance fees, stated that the remittance fee will be half of the EFT fee. It was really good to reduce these fees to these prices. Because even when sending a small amount of money, we could face absurd transaction fees. Now, with new tariffs, we can send money by paying less fees.