Instruction on the Implementation of the Communiqué on the International Bank Account Number (IBAN)

CENTRAL BANK OF THE REPUBLIC OF TURKEY
JOINT STOCK COMPANY
CAPITAL : YTL 25.000
HEAD OFFICE : ANKARA

HEAD OFFICE
We request that the following reference be cited in replies:
ANKARA, 31 DECEMBER 2008
B.02.2.TCM.0.07.00.03/
Subject: International Bank Account Number (IBAN) regarding.

BANKS

As is known, the Communiqué No. 2008/6 on the International Bank Account Number was published in the Official Gazette dated 10.10.2008, numbered 27020. In order to eliminate the doubts contained in the applications made to our Bank regarding the implementation of the said Communiqué, it has been deemed necessary to make the following explanations.

1- In accordance with the provision in the first paragraph of Article 6 of the Communiqué, “It is obligatory to show the IBAN on the documents that banks will produce for their customers regarding accounts subject to money transfers in written and electronic media and that must contain the account number.”, it will also be obligatory to show the IBAN on check leaves to be printed as of 1.1.2009. However, regarding the coding area located at the bottom of the check leaves, no changes will be made to the principles regarding magnetic coding until a new regulation is made in our Bank's Communiqué No. 2003/1 dated 9.4.2003. On the other hand, it is possible to use check books printed according to existing account numbers after 1.1.2009 as well.

2- The written declaration to be obtained from the customer stating that the IBAN will not be notified, as set out in the first and fourth paragraphs of Article 7 of the Communiqué, must be applied on a transaction basis, and general declarations will not be valid. For this reason, in money transfers made via the internet channel as well, the customer declaration must be obtained electronically on a transaction basis. However, it is possible to obtain a written general declaration from the customer, valid only for transactions made through telephone banking.

We kindly request that you obtain information and do what is necessary.

CENTRAL BANK OF THE REPUBLIC OF TURKEY
Head Office

Rifat GÜNAY
Dr. Çiğdem KOĞAR
General Manager
Deputy General Manager

İSTİKLAL CAD. 10 06100 ULUS - ANKARA
TEL: (90 - 312) 310 36 46 FAX: (90 - 312) 310 74 34 E-MAIL: iletisimbilgi@tcmb.gov.tr SWIFT: tcmbtr2a ELECTRONIC NETWORK: http://www.tcmb.gov.tr