How do I deposit TRY?

Published on Nov 21, 2023Updated on Oct 2, 20246 min read298

You can deposit Turkish Lira (TRY) from your bank account using Havale, FAST, or EFT. To initiate a transfer, you'll need to access your bank account and provide your unique OKX TR bank account details.

With OKX TR, you can deposit from your individual TRY bank accounts registered in your name only. Electronic methods such as Papara, PTT, PayCell, Ininal, credit card, and ATMs won't be processed. Commercial accounts, joint accounts, foreign currency accounts or accounts belonging to other individuals can't be used. If you have an account with one of our partner banks (Ziraat, Vakıfbank, Şekerbank, and Fibabank), you can deposit via Havale. Havale deposits are instant and available 24/7.

If you have an account that is not with our partner banks, you can deposit via FAST or EFT. You can deposit ₺100,000 or less from any bank supporting FAST transfers 24/7. You can deposit larger amounts or to non-FAST supported banks via EFT during our banking partner's business hours, Monday-Friday 09:00-16:45, excluding public holidays.

If you submit a bank transfer outside of your bank's business hours, there is no additional action needed. Your bank will process it during the next business day. For more information, please contact your bank.

How do I make a cash deposit?

On the web

  1. Login to your account at our website, go to Assets and select Deposit

  2. Select Turkish Lira to start making cash deposit

    CT-web-deposit-turkish lira en

    Go to Turkish Lira to start making cash deposit

  3. Select your bank and Next to check your bank details and other information

  4. You can copy/scan the IBAN or QR code into your online banking system, select Done and you can continue to initiate a payment with your bank

On the app

  1. Open your OKX TR app, select Deposit > Deposit TRY

    CT-app-tr-EN-deposit-deposit TRY option

    Opening deposit page from homepage

  2. Select your bank and Next to check your bank details and other information

  3. You can copy the required info into your online banking system, select Done and you can continue to initiate a deposit with your bank

Funding your account with our partner banks (Havale)

Performing a Havale transfer with our partner banks (Ziraat, Vakif, Fibabank) is recommended as it always ensures instant processing and is available 24/7, subject to bank availability. Your TRY deposit should show up in your account within a couple of minutes.

  1. Select either Ziraat, Vakif, Şekerbank or Fibabank

  2. Read the deposit instructions carefully and take note of the IBAN.

  3. Login to your bank account through their mobile app or website

  4. Copy and paste all important details into your banking payment page
    Note
    : ensure your Turkish ID number (TCKN) on your bank account matches the one in OKX TR account for a smooth transaction

  5. Confirm the deposit transaction from your bank account

Funding your account with other banks (FAST/EFT)

If you don't have a bank account with our partner banks, you can deposit TRY with other banks by transferring TRY via FAST or EFT, subject to bank availability.

  • FAST Transfers: transfers of ₺100,000 or less from a FAST-supported bank

  • EFT Transfers: applicable to non-FAST banks (will be processed on business hours, 09:00 - 16:45 on weekdays)

  1. Select Other Banks

  2. Read the deposit instructions carefully and take note of the IBAN

  3. Login to your bank account through their mobile app or website

  4. Copy and paste all important details into your banking transaction page
    Note: ensure your Turkish ID number (TCKN) on your bank account matches the one in OKX TR account for a smooth transaction

  5. Confirm the deposit transaction from your bank account

  6. Select Yes on the deposit instructions page to complete the deposit

Frequently Asked Questions

1. Why isn't my TRY deposit reflected in my account yet?

We only accept deposits from your TRY bank accounts registered in your name. If the deposit is not reflected in your account within this time, make sure your bank account is qualified to deposit to OKX TR. Typically, deposits from qualified accounts are reflected in your account immediately. In rare cases, it can take up to 20 minutes.

  • Deposits from FAST bank of ₺100,000 or less and deposits from Ziraat, Vakıfbank or Fibabank of any amount via Havale will be reflected in your account instantly.

  • Deposits from non-FAST supported banks (other than Ziraat, Vakıfbank and Fibabank) and FAST-supported banks of more than ₺100,000 via EFT will be processed during business hours, between 09:00 and 16:45 on weekdays.

  • If your bank transfer takes longer than the time specified using a qualified bank account, it may delay due to a heavy volume of bank transactions. For help, contact us at destek@turkiye.okx.com . Please include your UID and proof of your transaction in your message to our team.

  • If your deposit has been returned to your bank account, it may be because the TCKN on your bank account doesn't match your TCKN with OKX TR. Deposits may be rejected for other reasons. In such cases, you're able to view the rejection reasons in your transaction history or email.

2. Why am I only able to select certain payment method types?

To comply with local laws and regulations, only select payment methods will be displayed to your account based on the document that you have provided to verify your identity.

3. Why does it say "Cash Deposit Unavailable"?

This means that deposit payment services are currently not available in your region. You can refer to here for more details and we'll keep you updated on any regional expansions.

4. Why do I need to verify my identity before making a deposit?

We ask you to verify your identity to follow local regulations, keep our platform secure, and help determine the best payment methods for your region.

5. How do I check my deposit history?

You can review your deposit history on the deposit page:

CT-web-cash deposit-TRY deposit history

Web: transaction history on the cash deposit page

CT-app-tr-EN-deposit-fiat deposit history

App: transaction history on the deposit page