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Turkish Banks: The Regulator’s List, FAST Limit, Tax Number

The banking regulator’s list of 67 banks in Türkiye in four groups, the 300,000 TL FAST limit and the foreigners’ tax number form, checked 21.10.2026.

ByAbdullah Habib
9 min read Updated: October 22, 2026
Summarize with:
Illustration: a Turkish city street in warm afternoon light with five bank buildings side by side, each in a different style and each with a blank band where a name would be: an Ottoman stone building with arches, a limestone building with four columns, a concrete block with ribbon windows, a glass tower and a small modern glass branch; a plane tree, a tram stop, and a few small people seen from behind
Illustration: a street of five bank buildings.

The Banking Regulation and Supervision Agency (BDDK) is Türkiye’s banking regulator. It keeps one list of the banks that work in the country: on 21.10.2026 the list held 67 names in four groups.

In short · checked 21.10.2026

67 banks on the regulator’s list, in four groups.

  • The list: 35 deposit banks, 21 development and investment banks, 10 participation banks (banks that work without interest) and 1 bank under the Savings Deposit Insurance Fund (TMSF). The regulator marks 6 of the names as digital banks.
  • Banks from abroad: three names are Istanbul branches of foreign banks: Intesa Sanpaolo, JP Morgan Chase and Société Générale.
  • Instant transfers: from 26.08.2026 one transfer in FAST, the instant payment system of the Central Bank (TCMB), can be up to 300,000 TL; before that the limit was 100,000 TL.
  • Tax number: Türkiye’s tax administration (GİB) has an online form where a foreigner can apply for a tax number (the form calls it a potential tax number).
  • Guides on this site: Kuveyt Türk, VakıfBank, Yapı Kredi, Ziraat Bankası.

The regulator’s list of banks · checked 21.10.2026

Is it on the list? Type a name or open a drawer

35 of 67 names shown

Deposit banks Mevduat Bankaları · 35

Development and investment banks Kalkınma ve Yatırım Bankaları · 21

Participation banks Katılım Bankaları · 10

Banks under the deposit insurance fund TMSF Bünyesindeki Bankalar · 1

The list: four groups

The regulator sorts the 67 names onto four pages of its list of banks. The page names are in Turkish, so they are given here too.

Deposit banks

35 names

The regulator’s page Mevduat Bankaları. Marked as digital banks: Colendi Bank A.Ş., FUPS Bank A.Ş. and Ziraat Dinamik Banka A.Ş.

Development and investment banks

21 names

The regulator’s page Kalkınma ve Yatırım Bankaları. None is marked as a digital bank.

Participation banks

10 names

The regulator’s page Katılım Bankaları. Marked as digital banks: Adil Katılım Bankası A.Ş., Hayat Finans Katılım Bankası A.Ş. and T.O.M. Katılım Bankası A.Ş.

Banks under the deposit insurance fund

1 name

The regulator’s page TMSF Bünyesindeki Bankalar: Birleşik Fon Bankası A.Ş.

Illustration: a maple library card-catalogue cabinet with rows of small drawers, each drawer with a plain brass pull and an empty brass label holder; one drawer pulled out and holding upright blank cream index cards; a green-shaded desk lamp and a stack of closed books in a quiet reading room
Illustration: a card cabinet.

Reading the list

  • Each name is printed in full, as the regulator has it: Türkiye Vakıflar Bankası T.A.O. for VakıfBank, Yapı ve Kredi Bankası A.Ş. for Yapı Kredi.
  • Three names are branches of banks from abroad: Intesa Sanpaolo S.p.A. (Italy), JP Morgan Chase Bank, N.A. (Columbus, Ohio) and Société Générale (S.A.) (Paris).
  • Other kinds of companies have their own pages: financial leasing, factoring, financing, savings-finance, financial holding and asset-management companies.
  • The participation banks have a trade body of their own, the Participation Banks Association of Türkiye (TKBB). Its page says every participation bank must join within one month of getting a banking licence.
  • Its FAQ page says a participation bank works without interest: it puts the funds it collects to work under financing principles without interest and shares the resulting profit or loss with savers.

Instant transfers: the FAST limit

The Central Bank of the Republic of Türkiye built FAST, short for Fonların Anlık ve Sürekli Transferi, “instant and continuous transfer of funds”. It opened on 08.01.2021 and the bank’s press release 2026-36 describes it as a payment system that works at every hour of the day.

The release is dated 24.08.2026. It says that from 26.08.2026 the limit for one transaction rises from 100,000 TL to 300,000 TL for money transfers and for payments through the Request to Pay service (Ödeme İste), and from 250,000 TL to 300,000 TL for shop payments with dynamic verification (dinamik doğrulamalı iş yeri ödemeleri) made with the FAST-TR QR code (Karekod).

Central Bank press release 2026-36 · checked 21.10.2026

Where does an amount fall against the FAST limit?

TL

Money transfers and Request to Pay

Before 26.08.2026100,000 TLSince 26.08.2026300,000 TL

Type an amount to see where it falls.Within the limit, before and since 26.08.2026.Within the limit since 26.08.2026 only; before that it was over.Over the limit of 300,000 TL by 0 TL.

Shop payments with the FAST-TR QR code (Karekod)

Before 26.08.2026250,000 TLSince 26.08.2026300,000 TL

Type an amount to see where it falls.Within the limit, before and since 26.08.2026.Within the limit since 26.08.2026 only; before that it was over.Over the limit of 300,000 TL by 0 TL.

The limits are those of the FAST system for one transaction, as the Central Bank’s release gives them.

Illustration: a small street cafe at dusk with warm lanterns; a hand holding a smartphone with a plain blank screen towards a counter stand that carries a card with an abstract geometric pattern, a glass of tea and a plate of simit on the counter, an empty chair outside
Illustration: paying with a phone at a cafe.

What the release says about FAST

  • FAST is the Central Bank’s new-generation instant payment system, open since 08.01.2021.
  • It works at every hour of the day, the release says.
  • Its payment methods include money transfers, Request to Pay and QR code payments in shops.

A tax number: the form for foreigners

The tax administration (Gelir İdaresi Başkanlığı) runs the Digital Tax Office. One page of it, in Turkish and English, is an online form: Potential Tax Number Application for Foreigners.

Kuveyt Türk, one of the banks on the list, names among the documents for opening a current account a certificate showing a tax identity number issued by a tax office, for foreign individuals. Its page on becoming a customer says a foreigner can apply with a tax identification number (Vergi Kimlik Numarası, VKN) as one of three kinds of ID.

Illustration: a passport with a plain dark blue cover lying on a wooden desk next to a printed form of blank ruled lines, a ballpoint pen and a closed laptop; a glass of water, a small plant and soft window light
Illustration: a passport and a form.

What the form asks for

  • Name
  • Surname
  • Gender
  • Foreign ID number
  • Place of birth
  • Mother’s name
  • Father’s name
  • Country
  • Passport number
  • Mobile phone number
  • Address

The form also has a box to confirm that the details above are correct.

Short answers

How many banks does the regulator list?

On 21.10.2026, 67: 35 deposit banks, 21 development and investment banks, 10 participation banks and 1 bank under the deposit insurance fund.

Which names does the regulator mark as digital banks?

Colendi Bank A.Ş., FUPS Bank A.Ş., Ziraat Dinamik Banka A.Ş., Adil Katılım Bankası A.Ş., Hayat Finans Katılım Bankası A.Ş. and T.O.M. Katılım Bankası A.Ş.

Which names are branches of banks from abroad?

Intesa Sanpaolo S.p.A. (Italy), JP Morgan Chase Bank, N.A. (Columbus, Ohio) and Société Générale (S.A.) (Paris), each with its Istanbul branch.

Where does the regulator list other finance companies?

On separate pages: financial leasing, factoring, financing, savings-finance, financial holding and asset-management companies.

What is FAST?

The Central Bank’s instant payment system. It opened on 08.01.2021 and works at every hour of the day.

What is the FAST limit?

From 26.08.2026, 300,000 TL for one transaction; before that 100,000 TL for money transfers and Request to Pay, and 250,000 TL for shop payments with the FAST-TR QR code.

What does the foreigners’ tax number form ask for?

Name, surname, gender, foreign ID number, place of birth, mother’s and father’s names, country, passport number, mobile phone number and address.

Which banks have a guide on this site?

Kuveyt Türk, VakıfBank, Yapı Kredi, Ziraat Bankası.

Sources

Show the pages checked
  1. Kuruluş Listesi: Bankalar — BDDK, checked 21.10.2026
  2. FAST Sistemi İşlem Tutar Limitinin Artırılması Hakkında Basın Duyurusu (2026-36) — Central Bank of the Republic of Türkiye, checked 21.10.2026
  3. Potential Tax Number Application for Foreigners — Revenue Administration (GİB), checked 21.10.2026
  4. About TKBB — Participation Banks Association of Türkiye, checked 21.10.2026
  5. Frequently Asked Questions — Participation Banks Association of Türkiye, checked 22.10.2026
  6. Current Accounts — Kuveyt Türk, checked 22.10.2026
  7. Become A Customer — Kuveyt Türk, checked 22.10.2026

Article Information

Written by: Abdullah Habib
Published: March 26, 2023
Category: Banks

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