Rule detail : 112937

TUR GVT Bank Commercial Client Fee

Updated on: Sep 22, 2025

Latest Event

Sep 2025 Amendments to 2020/4
On Sep. 18, 2025, TUR GVT published communique 2025/24 amending art 9 of communique 2020/4 about the fees that can be collected from commercial customers by banks; issued by TUR CB and published in the official gazette.
Banks must classify credit allocation/credit disbursement processes as two separate sub-items; credit allocation fee may be charged for all credit limits that pose a credit risk, including non-cash credits under foreign trade and commercial credit cards.
Fee cannot exceed 0.20% of allocated credit limit; if limit is increased, a new fee may be charged on additional amount; no fee may be charged unless the allocation or renewal request originates from the commercial client.
Maximum fee is annual; must be applied proportionally based on months limit is valid.
Credit disbursement fee may only be charged on cash credits and cannot exceed 1.10% of the disbursed amount; for revolving credits, maximum rate is applied annually based on the average disbursed balance.
Fee is accrued at end of period for revolving credits and at the time of each disbursement for other cash credits; for credits with a term shorter than one year, the fee is applied proportionally based on the number of days.
For non-instalment credit card purchases, if funds are transferred to merchant, the next day, fee must not exceed the monthly reference rate + 0.45 percentage points. For debit card purchases, the fee must not exceed 1.04% under the same condition.
In targeted sector agreements (e.g., agriculture), where payments are deferred interest-free, the number of deferred months is used to calculate the maximum merchant fee by multiplying it with the non-instalment fee cap.
If funds are not transferred the next day, the fee is reduced proportionally based on the delay; maximum delay is40 days for credit cards, 15 days for debit cards.
The same rules apply to account-to-account merchant payments, except for the next-day transfer requirement; same rules also apply to prepaid card transactions.
Communique enters into force on Nov. 1, 2025.

On Aug. 9, TUR GVT amended rules on commercial customer fees.

TUR GVT amended law regarding fees collected from commercial customers by banks.
Also made amendments to law regarding ATM fees collected from financial consumers.
Amendments to 2020/6
New Art 8(2) excludes from scope of commercial loans fees receive for loans extended under special loan agreements, additional agreements, protocols for project finance, acquisition/merger finance, privatization finance, structured finance, their refinancing.
Art 10 is amended so that the fee collected for pledge and mortgage facilities and appraisals cannot exceed 15% more than the amount paid to third parties.
Previously stated that the fee could not exceed amount paid by banks to third parties.
Art 15 amended to increase fee for EFT transactions from 2 liras to 4 liras for ATM transactions 1,000 or less from 5 liras to 8 liras for ATM transactions 1,000 to 50,000.
Maximum fee for transactions made using cards issued abroad is increased to 1.90%.
Amendments to 2020/7
Art 12 amended so maximum ATM fee from financial consumers will not exceed 4 liras, and 8 liras for transactions made through other channels (previously 2 and 5 liras).
Effectiveness
In force on day of official publication.
Sep. 2022 Amendments to 2020/4
On Sep. 23, 2022, TUR GVT issued amendments to art 9 of Fees to be charged by banks from commercial customers on the procedures and principles of the relationship.
Amends 2020/4 published in the official gazette on Feb. 10, 2020, no. 31035.
Makes changes to credit allocation and loan disbursement under commercial loans.
Also, addition on art 2(1) on fees; amendments in force on day of official publication.
Jun. 2023 Notice of Amendment 2020/4
On Jun. 23, 2023, TUR GVT issued amendments to subparagraph (i) of clause (i), as well as additional article 20A relating to the reference rate in communiqué 2020/4.
Reference rate announced by TUR CB on 5th business day from the end of the month.
However, if a monetary policy committee meeting is held in the same month after the fifth working day of the relevant month, the reference rate is calculated and announced within the framework of the most recent data on the date of the meeting.
Provision article 3 states reference rate of 1.36% applies between Jul. 1 and 31, 2023.
The communiqué enters into force on the date of its publication, on Jun. 23, 2023.
Nov. 2023 Amendments to 2020/4, 2020/7
On Nov. 25, 2023, TUR GVT issued communiqué 2023/32 amending the communiqué 2020/4 about the fees that can be collected from commercial customers by banks.
Art 15(7) specified the maximum fee limitations to be charged for FAST transactions.
Changes to art 18, para 2, on maximum fees; changes applicable on Dec. 1, 2023.
TUR GVT also issued communiqué 2023/33 amending the communiqué 2020/7 on procedures and principles regarding fees to be collected from financial consumers.
Art 12, para 3, third sentence and para 6, 2nd sentence repealed from Dec. 1, 2023.
Dec. 2023 Amendments to 2020/4, 2020/7
On Dec. 22, 2023, TUR GVT published communiqué 2023/38 amending communiqué 2020/4 about the fees that can be collected from commercial customers by banks.
Communiqué 2023/38 is issued by TUR CB and published in the official gazette.
Change to reference rate calculation; change to art 7, para 2, on monetary limits and maximum fees fixed according to the annual consumer price index increase rate.
Additional para to art 20/A on reference rate up to 3,11%; additional temporary art 4.
Communiqué's art 2, 4, in force on Jan. 4, 2024; other articles on Dec. 22, 2023.
TUR GVT also issued communiqué 2023/39 amending the communiqué 2020/7 on procedures and principles regarding fees to be collected from financial consumers.
Change to reference rate calculation; additional art 4; entry into force on Jan. 4, 2024.
Jun. 2024 Amendments to 2020/4
On Jun. 28, 2024, TUR CB published in the gazette communiqué 2024/16 on changes to the communiqué 2020/4 on the procedures and principles regarding the fees that can be collected from commercial customers by banks; effective from Jul. 1, 2024.
Art 11, para 3, on acceptance of requests re early payment for the entire loan has been repealed; addition of temporary art 5 regarding requests for early payments.
For loans provided before Mar. 1, 2021 and for loans of Mar. 1, 2021-Jun. 30, 2024.
Sep 2025 Amendments to 2020/4
On Sep. 18, 2025, TUR GVT published communique 2025/24 amending art 9 of communique 2020/4 about the fees that can be collected from commercial customers by banks; issued by TUR CB and published in the official gazette.
Banks must classify credit allocation/credit disbursement processes as two separate sub-items; credit allocation fee may be charged for all credit limits that pose a credit risk, including non-cash credits under foreign trade and commercial credit cards.
Fee cannot exceed 0.20% of allocated credit limit; if limit is increased, a new fee may be charged on additional amount; no fee may be charged unless the allocation or renewal request originates from the commercial client.
Maximum fee is annual; must be applied proportionally based on months limit is valid.
Credit disbursement fee may only be charged on cash credits and cannot exceed 1.10% of the disbursed amount; for revolving credits, maximum rate is applied annually based on the average disbursed balance.
Fee is accrued at end of period for revolving credits and at the time of each disbursement for other cash credits; for credits with a term shorter than one year, the fee is applied proportionally based on the number of days.
For non-instalment credit card purchases, if funds are transferred to merchant, the next day, fee must not exceed the monthly reference rate + 0.45 percentage points. For debit card purchases, the fee must not exceed 1.04% under the same condition.
In targeted sector agreements (e.g., agriculture), where payments are deferred interest-free, the number of deferred months is used to calculate the maximum merchant fee by multiplying it with the non-instalment fee cap.
If funds are not transferred the next day, the fee is reduced proportionally based on the delay; maximum delay is40 days for credit cards, 15 days for debit cards.
The same rules apply to account-to-account merchant payments, except for the next-day transfer requirement; same rules also apply to prepaid card transactions.
Communique enters into force on Nov. 1, 2025.

Regulators

TUR CB; TUR GVT

Entity Types

Bank

Reference

Com 2025/24, OG 33021, 9/18/2025; Com 2024/16, OG 32586, 6/28/2024; Com 2023/39, Com 2023/38, OG 32407, 12/22/2023; Com 2023/33, Com 2023/32, OG 32380, 11/25/2023; OG 32230, 6/23/2023; OG, 31962, Law 2022/26, 9/23/2022; OG, 31563, Law 2021/6, Law 2021/7, 8/9/2021; OG, 31035, Law 2020/4, 10/2/2020; OG 31061, Law 2020/7, 3/7/2020

Functions

Financial; Reporting; Risk; Treasury

Countries

Turkey