Albaraka Mobil
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24/7 Easy Transfer (FAST)

With Albaraka, you can make Easy Money Transfer from your accounts to other banks 24/7, without IBAN. And without any charge!

With FAST, you can send money 24/7 and any time you want; and with Easy Address Definition, you can pair your account number and IBAN with your personal information such as TR Identity Number, mobile phone, and share the paired information with the party sending the money, instead of IBAN.

Features of FAST (Instant and Continuous Transfer of Funds);

  • FAST (Instant and Continuous Transfer of Funds) is a system developed with the Central Bank, allowing money transfer within seconds, without any time limit.
  • With Albaraka FAST system, you can make money transfer 24/7. (In the previously used EFT system, transactions were made on week days and within working hours of work days)
  • EFT system requires IBAN. Thanks to Easy Address System integrated to FAST system, you can make money transfers easy and simple.
  • With FAST system, you can use a transaction limit of TL 100,000 at once. We also offer a transaction limit of up to TL 300,000 for our Retail customers, and up to TL 500,000 for our Corporate customers.

How Can You Make Money Transfer with Albaraka FAST?

  • After logging in to Albaraka Mobile, you can make your transactions by following the steps: Money Transfers-> FAST
  • Logging in to Albaraka Türk Internet Banking, you can make your transaction by following the steps: Money Transfers-> FAST.

Make Money Transfer with FAST

Frequently Asked Questions About FAST System

What is the FAST System?

FAST (Instant and Continuous Transfer of Funds) is a payment (money transfer) system developed by the Turkish Republic Central Bank, allowing 24/7 money transfer between the accounts from different banks.

Who Can Transfer Money Via FAST?

Real persons registered in Turkey banking system can make money transfer via FAST.

When Will Money Transfer With FAST be Available?

Money Transfer with FAST was made available for all customers on October 8, 2021.

Can I Create Payment Order with FAST?

FAST is an instant money transfer option. You cannot create payment order.

Can I Make Money Transfer to All Accounts with FAST?

You can only make money transfer between drawing accounts.

Can I Make Money Transfer to an Account Number via FAST?

You can only make money transfer to IBAN and “Easy Address” recorded on the system.

Is There Any Limitation on Money Transfer with FAST?

The limitations on the amounts to be transfered with FAST are specified by Turkish Republic Central Bank.

Can I Make Foreign Currency Transfer with FAST?

You can only make money transfer in TL (Turkish Lira).

Can I Use FAST for Money Transfer Between Accounts from the Same Bank?

FAST system can be used for money transfers between the accounts from different banks.

Can I Make Money Transfer to Other Countries with FAST?

No. You can only make money transfer between the banks in Turkey.