The CBRT's "Communique on the Redetermination of the Minimum Equity Amounts of Payment and E-Money Institutions" was published in today's issue of the Official Gazette.
Accordingly, pursuant to the first paragraph of Article 33, titled "Minimum equity requirement and professional liability insurance", of the Regulation on Payment Services and E-Money Issuance and Payment Service Providers (the Regulation), which entered into force upon publication in the Official Gazette No. 31676 dated 1 December 2021, the minimum equity requirement for payment institutions providing services that intermediate bill payments, which was set at 3 million lira and raised to 10 million lira in 2024, has been updated to 15 million lira.
In addition, for other payment institutions, excluding those that offer "the service of presenting consolidated information on one or more payment accounts of the payment service user held with payment service providers on online platforms, provided that the payment service user's consent is obtained", and for e-money institutions, the minimum equity requirement amounts, which were set at 5 million lira and 13 million lira respectively and were applied as 20 million lira and 55 million lira under the 2024 update, have been redetermined as 30 million lira and 80 million lira, respectively.
The communique will be valid as of 30 June 2025.
What Does the Communique Bring?
With the Communique, the Central Bank of the Republic of Turkiye (“CBRT“) updated the minimum equity requirements as follows:
| Relevant Institution | Previous Minimum Equity Requirement | New Minimum Equity Requirement |
| Payment institutions that exclusively intermediate bill payments | 7,000,000 TL | 10,000,000 TL |
| Other payment institutions | 15,000,000 TL | 20,000,000 TL |
| E-money institutions | 41,000,000 TL | 55,000,000 TL |
You can access the relevant communique via the link below:
