Türkiye is changing the payment process for property sales

From 1 October 2026, property sales in Türkiye will require the use of the Güvenli Ödeme Sistemi, or Secure Payment System, when the purchase price is paid partly or fully in cash, by bank transfer or EFT. The buyer’s money will be held in a protected account until the property transfer is officially registered. Once the title transfer is completed, the funds will be automatically released to the seller. The system is intended to reduce fraud, payment disputes and the risks associated with carrying large amounts of cash. It was originally scheduled to start on 1 July but was postponed to 1 October 2026 to complete the technical infrastructure.