Istanbul Settlement and Custody Bank Inc. (TAKASBANK)

Istanbul Settlement and Custody Bank Inc. (TAKASBANK)

Istanbul Settlement and Custody Bank Inc. (Takasbank) is authorized to provide cash and securities settlement transactions as the central clearing and settlement institution to Borsa Istanbul equities, debt securities, foreign securities, derivatives and precious metals markets. Securities delivery/receipt as well as cash obligations of Borsa Istanbul members arising from the buy-sell transactions in the related markets are executed via Takasbank.

Takasbank Electronic Transfer System (TETS) enables financial intermediaries to access to domestic payment systems (RTGS-ESTS). As the “National Numbering Agency” of Turkey, Takasbank assigns ISIN (International Securities Identification Number) codes, an identification number for securities in international standards, to securities issued in Turkey.

Takasbank was granted an operating license from CBRT as securities settlement system operator with the decision of CBRT No. 10162/1976, dated 12/6/2015 and this decision was published on Official Gazette No. 29391, dated 19/06/2015.


CENTRAL BANK OF THE REPUBLIC OF TURKEY Head Office Anafartalar Mah. İstiklal Cad. No:10 06050 Ulus Altındağ Ankara Phone : (+90 312) 507 50 00 | Fax : (+90 312) 507 56 40