Türkiye has doubled several monetary thresholds used for customer identification in financial transactions. An amendment prepared by the Financial Crimes Investigation Board, known as MASAK, was published in the Official Gazette on October 7, 2026 and entered into force. The general transaction threshold rose from 185,000 lira to 370,000 lira, while the threshold applied to electronic fund transfers and crypto-asset transfers increased from 15,000 lira to 30,000 lira.
What does the 370,000-lira threshold cover?
The amendment updates the amounts that trigger the collection and verification of identity information under customer due-diligence rules. When a transaction, or the combined value of multiple connected transactions, reaches or exceeds 370,000 lira, the identity of the customer and any person acting on the customer’s behalf must be obtained and verified. Measures aimed at identifying the ultimate beneficial owner also remain part of that process.
The general threshold had previously been set at 185,000 lira. Anadolu Agency reported that the monetary limits were last established on January 14, 2023 and were revised after taking account of the operational needs of regulated entities. The change concerns institutions covered by the rules, including banks, financing and factoring companies, capital-markets institutions, portfolio management companies, electronic-money firms and payment institutions.
New limit for electronic and crypto transfers
The 15,000-lira identification threshold used for electronic fund transfers and crypto-asset transfers was raised to 30,000 lira. The new amount results from changes to the relevant articles of the regulation governing electronic transfers and digital customer-identification procedures. The adjustment does not mean that transfers below the threshold become unregulated or exempt from every control. It changes only the monetary trigger specified in the amended identification rules.
The explicit reference to the combined value of connected transactions is also important. Splitting a payment into several parts cannot automatically be assumed to place the activity outside the rule. Regulated institutions continue to operate their broader compliance, risk assessment and security controls. The figures reported here are the specific monetary thresholds directly changed by the new regulation.
Signature samples and secure verification
The amendment also changes the treatment of later transactions by customers whose identities have already been established. A signature sample may no longer be required when the customer can be verified through secure methods such as internet banking, mobile banking or a one-time code sent to a previously verified telephone number. The method must still be appropriate for the nature and risk level of the transaction, provide sufficient assurance that the user is the previously identified customer and include safeguards against unauthorized activity.
Reporting by Dünya and CNBC-e confirms the same thresholds and the conditions attached to secure verification. The amendment took effect on the date of publication and will be administered by the Ministry of Treasury and Finance. For customers, the practical change is an update to the monetary levels written into the standard identification rules. Financial institutions may still apply additional checks when required by the type of transaction, their legal obligations or the assessed risk.
The thresholds are compliance triggers, not new transaction fees, taxes or transfer charges. Customers may still encounter institution-specific checks because regulated firms apply their own risk and security procedures within the wider legal framework.
