BRSA denies claims regarding SMS verification
Claims that SMS verification would become mandatory for money transfers starting June 1, 2025, have been denied by BRSA sources. The board emphasized that there are no changes to the system and that citizens should only rely on official statements.
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Regarding the money transfer systems of banks operating across Turkey, reports and claims have surfaced suggesting that SMS verification would become mandatory starting June 1, 2025. These claims have caused confusion among bank users.
BRSA: NO CHANGES TO THE SYSTEM
According to a report by NTV, BRSA sources evaluating the matter stated that money transfer transactions continue under the current system and that a regulation such as mandatory SMS verification is not on the agenda at this time. The sources stated that the reports in question do not reflect the truth and were published based on unfounded information.
CURRENT SECURITY PRACTICES CONTINUE
Banks in Turkey currently apply high security standards to money transfers conducted through digital channels. While SMS confirmation may be used for some transactions depending on user preferences, this is not a mandatory or centralized regulation.
Sources close to the BRSA emphasize that citizens should only rely on official statements and announcements from authorized institutions.