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🇹🇷 Fast System

Turkey · Account Transfer · Est. 2021

2025 Transactions
5.8 billion
2025 Value (USD)
$805.0bn
Operator
TCMB
Settlement
Instant

Transaction History

About Fast System

Turkey's instant payment system (Anlık Ödeme Sistemi) operated directly by the Central Bank of the Republic of Turkey (TCMB). Supports transfers via IBAN, phone number, email, or Turkish ID number with 24/7 availability and sub-second settlement. Launched during a period of rapid digital payment adoption in Turkey, it connects banks and e-money institutions. The system processes both TRY and has provisions for future multi-currency support as Turkey's fintech ecosystem expands.

Rail: FAST Turkey TRY 50 Participants Source: TCMB

Infrastructure

CapabilityStatus
QR Code Payments
Wallet Support
24/7 Availability
Cross-Border
ISO 20022
Request to Pay
Open API
Alias/Proxy
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