Recent Developments
The Communiqué Amending the Communiqué on the Procedures and Principles Regarding Fees That May Be Charged by Banks to Corporate Clients (No. 2020/4) (Communiqué No. 2025/24) (“Amendment Communiqué”) was published in the Official Gazette dated September 18, 2025 and numbered 33021.
What does the Amendment Communiqué introduce?
Under the Amendment Communiqué:
- The commitment fees have been standardized. The commitment fee shall not exceed 0.20% of the committed credit, without applying a separate fee for renewals.
- The disbursement fee will also be applied to revolving loans at a rate of 1.10%. This reflects an increase from the previous cap of 1% and ensures consistency with the rate applied to other cash loans.
- The merchant fee applicable to purchase of goods and services made with debit cards and in cases when the purchase price is paid to the merchant disposal on the following day will be capped at 1.04%. In this context, a different approach was taken compared to the merchant fee applied to non-installment purchases made with credit cards.
- For non-installment transactions made with credit cards, the purchase price will be made available to the merchant no later than 40 days after the day following the transaction. For transactions made with debit cards, this period will not exceed 15 days.
- Except for the provisions regarding next-day transfer, the regulations and limitations set for transferring transaction purchase price to the merchant’s disposal in debit card transactions will also apply to account-to-account merchant payments.
- The provisions and limitations set for debit card transactions regarding the payment of purchase price to the merchant will also apply to prepaid card transactions.
These changes will take effect as of November 1, 2025.
