2026 Bank Transfer Fees Set: EFT and Wire Costs Rise After Inflation Update

Following the announcement of Turkey’s 2025 Consumer Price Index (CPI) at 30.9% by TURKSTAT (TÜİK), the EFT and money transfer fees for 2026 have been officially finalized. The update directly affects millions of bank customers across the country, as transaction charges are automatically revised each year in line with inflation, in accordance with existing banking regulations.

As a result of this adjustment, EFT and wire transfer costs have increased across all transaction brackets, with fees now ranging from 8.37 TL for low-value transfers to 209.38 TL for high-amount transactions. The revised tariff reflects a uniform 30.9% increase, mirroring the annual inflation figure announced for 2025.

Why Bank Transfer Fees Change Every Year

In Turkey, the pricing of core banking services such as EFT and interbank transfers is closely tied to official inflation data. The annual TÜFE rate, published by TÜİK, serves as the benchmark for updating service charges at the start of each calendar year. Once the inflation figure is finalized, banks are required to revise their maximum fee schedules accordingly.

With TÜİK confirming a 30.9% rise in consumer prices for 2025, this same rate was directly applied to banking transaction fees. As a result, 2026 tariffs reflect higher costs across the board, reinforcing the link between inflation dynamics and everyday financial services.

EFT Fees Increase Across All Transaction Sizes

According to Sözcü’s report, the automatic annual update has led to tiered increases in EFT charges based on the amount transferred. Under the new structure, transaction fees are calculated based on predefined value brackets, ensuring a proportional cost structure rather than a flat fee.

For small-value transfers up to 8,300 TL, the EFT fee is 8.37 TL. While this represents a modest absolute increase, it still marks a noticeable rise compared to previous years, especially for users who frequently rely on low-value transfers.

Transfers falling within the mid-range bracket of 8,300 TL to 399,000 TL now incur a fee of 16.76 TL. This category covers a significant portion of everyday commercial and personal transactions, meaning a large share of bank customers will be affected by the revised pricing.

For high-value transfers of 399,000 TL and above, banks will charge a maximum fee of 209.38 TL per transaction. This upper limit is particularly relevant for corporate users, real estate payments, and large-scale financial transfers, where absolute transaction costs can become a meaningful consideration.

Inflation’s Direct Impact on Everyday Banking

The 2026 update once again highlights how inflation feeds directly into daily financial costs, extending beyond consumer goods and services into the banking system itself. Because EFT and wire transfer fees are regulated through inflation-indexed ceilings, rising prices translate almost mechanically into higher transaction expenses.

For individual users, this means that routine activities such as transferring rent payments, sending funds to family members, or settling invoices may gradually become more expensive. While the per-transaction cost remains relatively low for small transfers, the cumulative effect can be significant for frequent users.

What Bank Customers Should Keep in Mind

As transfer fees rise, customers may increasingly compare alternative payment channels, including mobile banking campaigns, fast payment systems, or in-bank transfers that may be offered at reduced or zero cost under certain conditions. Many banks periodically waive fees for digital channels or specific customer segments, making awareness and comparison more critical than ever.

At the same time, the inflation-linked structure means that future fee increases will largely depend on CPI outcomes, rather than discretionary decisions by banks. If inflation moderates in the coming years, the pace of fee increases may also slow, providing some relief to consumers.

Despite the rise, the system also brings a degree of predictability. Because maximum fees are determined through a transparent formula tied to official inflation, customers and institutions alike can anticipate changes well in advance. This limits arbitrary pricing and ensures a standardized approach across the banking sector.

The 2026 EFT and transfer fee schedule, therefore, reflects not only higher costs but also the structural relationship between macroeconomic indicators and financial services pricing in Turkey.

A Small Fee With a Broad Reach

Although EFT fees may appear minor when viewed individually, they affect nearly every active bank account holder in the country. The newly announced tariffs underscore how inflationary pressures ripple through the economy, touching even the most routine financial transactions.