Membership Acceptance Criterion

Membership Acceptance Criterion

There are two types of membership for BKM, namely Bank/Institution Membership or Service Provider Institution Membership. In order to be a member in the statutes of a Bank/an Institution, the applying legal entity must either be,

  • A bank, subject to current Turkish banking law and other Turkish legislation related to banking, which issues or plans to issue cards under its name or concludes or plans to conclude merchant agreements and has obtained “necessary permits” from competent authorities,

 

or

 

    • An institution which is a member of at least one of the card system organizations and plans to operate within the context of Bank Cards and Credit Cards Law, No. 5464, and has obtained operating license from competent authorities for that purpose.
      In order to be a member in the statutes of a Service Provider Institution, the applying legal entity must be,
    • An institution which provides services to member(s) of BKM in the statutes of a Bank/an Institution in relation to payment services they receive from BKM.