Free directory of all 70 correspondent bank SWIFT/BIC codes registered in TURKIYE. Click any bank to view its full record and track an international SWIFT payment routed through it.
Turkey's EFT system provides real-time gross settlement for TRY and is operated by the Central Bank through the İstanbul clearing infrastructure. İşbank, Garanti BBVA, Yapı Kredi, and Akbank dominate correspondent banking, with significant cross-border flows tied to Turkey's textile, automotive, and construction export sectors. TRY volatility means that many international counterparties prefer USD or EUR-denominated transfers settled through Turkish correspondent accounts held at major European banks.
| RTGS / Settlement System | EFT (Elektronik Fon Transferi — RTGS system) |
|---|---|
| Currency | TRY — Turkish Lira |
| Central Bank | Central Bank of the Republic of Turkey (TCMB) |
| Typical SWIFT Timing | 1–3 days (international SWIFT) |
Most international SWIFT wires arrive in Turkey within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
Turkey processes large-value interbank settlements through EFT. Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is TRY — Turkish Lira. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 70