IBAN Information for: Turkey
Find out all you need to know about the IBAN format in TR, including length, structure, and validation rules.
IBAN Information - Turkey
Overview
The International Bank Account Number (IBAN) for Turkey (TR) follows specific formatting rules. Here you'll find all the important details about the TR IBAN format.
Key Details
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IBAN Length 26 characters
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Country Prefix TR
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SEPA Member No
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Currency TRY
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Membership Non-Member
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Central Bank Central Bank of the Republic of Turkey
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Central Bank Website www.tcmb.gov.tr
Format Information
Domestic Format Information
IBAN Block Structure
TR 33 00061 0 0519786457841326
IBAN Structure Legend
- TR Country Code
- 33 Check Digits
- 00061 Bank Code
- 0 Reserved Character
- 0519786457841326 Account Number
Structure for Turkey IBAN
Turkey IBANs consist of the country code (TR, 2 characters), check digits (2 digits), bank code (5 characters), reserved character (1 digit), and account number (16 digits). In total, the Turkey IBAN comprises 26 characters.
The Turkey IBAN consists of 26 characters in total. Turkey uses the Turkish Lira (TRY) as its currency. The Turkish banking system is modern and includes numerous private and state-owned banks. The central bank is the Türkiye Cumhuriyet Merkez Bankası. Although Turkey is not part of the European Union, it adopted the IBAN system early to facilitate international transfers. The bank code identifies the bank, the reserved character is kept for future extensions of the system, and the account number contains the specific customer account details. The Turkish IBAN is used for both domestic and international transactions and is an important component of the Turkish financial system.
Bank Information
What is an IBAN?
An International Bank Account Number (IBAN) is a standardized international numbering system developed to identify bank accounts from around the world. It was originally adopted by the European Committee for Banking Standards and later as an international standard.
IBAN Uses
- International wire transfers
- SEPA payments within Europe
- Automated payment processing
Benefits of IBANs
- Reduced errors in international payments
- Faster processing of cross-border transactions
- Standardized format for global banking
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IBAN Verification
The check digits in an IBAN allow for verification of the entire number, reducing the risk of errors during transcription. This makes international payments more reliable.
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