Business & Commerce

Communiqué on Amending the Communiqué on the Printing Format of Checkbooks and the Determination of the Amount Banks Are Obliged to Pay to the Bearer (No: 2010/2) (No: 2026/4)

🇹🇷Türkiye··Communiqué·Medium Impact·Gazette #2010·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

This regulation updates the previous 2010 Communiqué issued by the Central Bank of the Republic of Turkey. It increases the maximum amount that banks are obligated to pay to the bearer of a stolen or lost check. Specifically, the amount in Article 4 is raised from 16,650 Turkish Liras to 18,650 Turkish Liras. The temporary Article 2 amount is increased from 11,920 Turkish Liras to 14,200 Turkish Liras. These changes take effect on January 30, 2026. The update reflects adjustments likely due to inflation and economic conditions to better protect check users and define bank liabilities.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Increased the amount in Article 4 from 16,650 TRY to 18,650 TRY
  • Increased the amount in Temporary Article 2 from 11,920 TRY to 14,200 TRY
  • The Communiqué enters into force on 30 January 2026

+ 2 more changes with Pro

Obligations

What this law requires

high

Update the maximum amount banks are obligated to pay to the bearer of a stolen or lost check from 16,650 Turkish Liras to 18,650 Turkish Liras in Article 4

Banks
operational
high

Update the temporary amount in Article 2 from 11,920 Turkish Liras to 14,200 Turkish Liras

Banks
operational
high

Implement the updated liability amounts effective January 30, 2026

Banks
operational
high

The Central Bank of the Republic of Turkey President is responsible for implementing and enforcing this Communiqué's provisions

Central Bank of the Republic of Turkey President
operational

Affected Parties

Commercial banks in TurkeyCheck issuers and users+2 more…

Tags

checks,bank liability,checkbook printing