\n YTH system provides a system for clearing and settlement operations of domestic transactions, where one participant\u2019s card used in another participant\u2019s POS or ATM. YTH System Participiants send the transaction records to the System and records are cleared, netted multilaterally and settled by the System.
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- \n Who is responsible for YTH System? <\/a>\n \n BKM is responsible from Domestic Clearing and Settlement System. As published in The Official Gazette on 19 June 2015, Central Bank gave official authorization to BKM as a Payment System Operator.
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\nBKM has the administirative supervision right and can take immediate action to keep the System operate without interruption. BKM informs the Participants about the precautions that will be taken.
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- \n When was YTH System launched?<\/a>\n \n YTH System was launched in 1991.
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- \n YTH System Statistics<\/a>\n \n
\nYearly transaction volume that was processed by YTH System has reached to 9 billion and yearly transaction volume has reached to 3,6 trillion TL.
\nIn 2012, Debit Card clearing transactions were included in the YTH System.
\nYearly transaction volume that was processed by YTH System has reached to 11 billion and yearly transaction volume has reached to 7,2 Trillion TL. In 2012, Debit Card clearing transactions were included in the YTH System. In 2004 average transaction volume was 53 TL, and has increased to 673 TL in 2024.
\nAs of 31\/12\/2024;
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\n![](\"https:\/\/bkm.com.tr\/wp-content\/uploads\/2024\/04\/YTH-Gorsel-ENG-03.png\")
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\n![](\"https:\/\/bkm.com.tr\/wp-content\/uploads\/2024\/04\/YTH-Gorsel-ENG-04.png\")
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- \n What are the Criteria for YTH Participant Acceptance?<\/a>\n \n
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\nIn order to be a Participant of YTH System,
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- 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\u00a0\u201cnecessary permits\u201d from competent authorities,<\/li>\n<\/ul>\n
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- 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,<\/li>\n<\/ul>\n
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- An institution, which is a member of at least one of the card system organizations and plans to operate within the context of Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions Law, No.6493, and has obtained operating license from competent authorities for that purpose,<\/li>\n<\/ul>\n
\nmust have BKM Membership and meet administrative, technical and financial requirements.
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- \n How does YTH System operate?<\/a>\n \n
\nThe System works in 3 steps;
\n1. Clearing;<\/strong>
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\n![](\"https:\/\/bkm.com.tr\/wp-content\/uploads\/2024\/04\/YTH-Gorsel-ENG-06.png\")
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\nFor a sale transaction that takes place in a merchant, the merchant\u00a0 sends all the sale records to Acquirer Participant at the End Of Day Report. Acquirer Participant sends the records to BKM with \u201cOutgoing Clearing File\u201d. BKM processes all the \u201cOutgoing Clearing File\u201ds received from all System Participants via YTH System, and prepares \u201cIncoming Clearing File\u201ds for Issuer Participants and sends the files to the Issuers.
\n2. Multilateral Netting:<\/strong>
\nMultilateral Netting is a process step where one Participant\u2019s credits and obligations to other participants due to records received and sent via YTH System are detucted to calculate one final debit or credit amount.
\n3. Settlement:<\/strong>
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\n![](\"https:\/\/bkm.com.tr\/wp-content\/uploads\/2024\/04\/YTH-Gorsel-ENG-05.png\")
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\nAfter Clearing and Multilateral Netting, Obligator Participants pay their debts to BKM Account. After receiving all the debts, BKM pays credit amounts to Creditor Participants\u2019 Accounts.
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- \n What are the working hours for YTH System?<\/a>\n \n
\nSystem Participants can send Outgoing Clearing File from 18:00 of previous date to 10:00 of clearing date.
\nClearing and Multilateral Netting is processed on the clearing date from 10:00 to 13:30. \u201cIncoming Clearing File\u201d and Reconcilation Reports are shared at 13:30 of the clearing date.
\nObligator Participants are liable to pay the debt amount until 12:00 of the following day of the clearing day. BKM pays credit amounts to Creditor Participants\u2019 Accounts by 14:00 of the following day of the clearing day.
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- \n Who are the YTH System Participants?<\/a>\n \n
\nYTH Participants<\/strong>
\n- \n
- Ahlatc\u0131 \u00d6deme ve Elektronik Para Hizmetleri A.\u015e.<\/a><\/li>\n
- Akbank T.A.\u015e.<\/a><\/li>\n
- Aktif Yat\u0131r\u0131m Bankas\u0131 A.\u015e.<\/a><\/li>\n
- Albaraka T\u00fcrk Kat\u0131l\u0131m Bankas\u0131 A.\u015e.<\/a><\/li>\n
- Alternatifbank A.\u015e.<\/a><\/li>\n
- Anadolubank A.\u015e.<\/a><\/li>\n
- Arap T\u00fcrk Bankas\u0131 A.\u015e.<\/a><\/li>\n
- AS \u00d6deme Hizmetleri ve Elektronik Para A.\u015e.<\/a><\/li>\n
- Belbim Elektronik Para ve \u00d6deme Hizmetleri A.\u015e.<\/a><\/li>\n
- Birle\u015fik \u00d6deme ve Elektronik Para Hizmetleri A.\u015e.<\/a><\/li>\n
- BPN \u00d6deme Hizmetleri ve Elektronik Para A.\u015e.<\/a><\/li>\n
- Burgan Bank A.\u015e.<\/a><\/li>\n
- Citibank A.\u015e.<\/a><\/li>\n
- Denizbank A.\u015e.<\/a><\/li>\n
- DGpara \u00d6deme ve Elektronik Para Kurulu\u015fu A.\u015e.<\/a><\/li>\n
- D\u00fcnya Kat\u0131l\u0131m Bankas\u0131 A.\u015e.<\/a><\/li>\n
- Enpara Bank A.\u015e.<\/a><\/li>\n
- Fibabanka A.\u015e.<\/a><\/li>\n
- FUPS Bank A.\u015e.<\/a><\/li>\n
- Golden Global Yat\u0131r\u0131m Bankas\u0131 A.\u015e.<\/a><\/li>\n
- Hayat Finans Kat\u0131l\u0131m Bankas\u0131 A.\u015e.<\/a><\/li>\n
- HSBC Bank A.\u015e.<\/a><\/li>\n
- ICBC Turkey Bank A.\u015e.<\/a><\/li>\n
- ING Bank A.\u015e.<\/a><\/li>\n
- \u0130yzi \u00d6deme ve Elektronik Para Hizmetleri A.\u015e.<\/a><\/li>\n
- Kuveyt T\u00fcrk Kat\u0131l\u0131m Bankas\u0131 A.\u015e.<\/a><\/li>\n
- Lydians Elektronik Para ve \u00d6deme Hizmetleri A.\u015e<\/a><\/li>\n
- Moneypay \u00d6deme ve Elektronik Para Hizmetleri A.\u015e<\/a><\/li>\n
- Nurol Yat\u0131r\u0131m Bankas\u0131 A.\u015e.<\/a><\/li>\n
- Odea Bank A.\u015e.<\/a><\/li>\n
- Ozan Elektronik Para A.\u015e.<\/a><\/li>\n
- Papara Elektronik Para A.\u015e.<\/a><\/li>\n
- Papel Elektronik Para ve \u00d6deme Hizmetleri A.\u015e.<\/a><\/li>\n
- Paratim \u00d6deme ve Elektronik Para Kurulu\u015fu A.\u015e.<\/a><\/li>\n
- Payporter \u00d6deme Hizmetleri ve Elektronik Para A.\u015e.<\/a><\/li>\n
- Posta ve Telgraf Te\u015fkilat\u0131 A.\u015e.<\/a><\/li>\n
- Pratik \u0130\u015flem \u00d6deme ve Elektronik Para A.\u015e<\/a><\/li>\n
- QNB Bank A.\u015e.<\/a><\/li>\n
- \u015eekerbank T.A.\u015e.<\/a><\/li>\n
- Sipay Elektronik Para ve \u00d6deme Hizmetleri A.\u015e.<\/a><\/li>\n
- T. Garanti Bankas\u0131 A.\u015e.<\/a><\/li>\n
- T.\u00a0Vak\u0131flar Bankas\u0131 T.A.O.<\/a><\/li>\n
- T.C. Ziraat Bankas\u0131 A.\u015e.<\/a><\/li>\n
- T.O.M. Kat\u0131l\u0131m Bankas\u0131 A.\u015e<\/a>.<\/li>\n
- Tom Pay Elektronik Para ve \u00d6deme Hizmetleri A.\u015e.<\/a><\/li>\n
- TT \u00d6deme ve Elektronik\u00a0Para Hizmetleri A.\u015e.<\/a><\/li>\n
- T\u00fcrk Ekonomi Bankas\u0131 A.\u015e.<\/a><\/li>\n
- TURK Elektronik Para A.\u015e.<\/a><\/li>\n
- T\u00fcrk Ticaret Bankas\u0131 A.\u015e.<\/a><\/li>\n
- Turkcell \u00d6deme ve Elektronik Para Hizmetleri A.\u015e.<\/a><\/li>\n
- Turkish Bank A.\u015e.<\/a><\/li>\n
- T\u00fcrkiye Emlak Kat\u0131l\u0131m Bankas\u0131 A.\u015e.<\/a><\/li>\n
- T\u00fcrkiye Finans Kat\u0131l\u0131m Bankas\u0131 A.\u015e.<\/a><\/li>\n
- T\u00fcrkiye Halk Bankas\u0131 A.\u015e.<\/a><\/li>\n
- T\u00fcrkiye \u0130\u015f Bankas\u0131 A.\u015e.<\/a><\/li>\n
- Turkland Bank A.\u015e.<\/a><\/li>\n
- Vak\u0131f Kat\u0131l\u0131m Bankas\u0131 A.\u015e.<\/a><\/li>\n
- Vepara Elektronik Para ve \u00d6deme Hizmetleri A.\u015e.<\/a><\/li>\n
- Vizyon Elektronik Para ve \u00d6deme Hizmetleri A.\u015e<\/a><\/li>\n
- Vodofone Elektronik Para ve \u00d6deme Hizmetleri A.\u015e.<\/a><\/li>\n
- Yap\u0131 ve Kredi Bankas\u0131 A.\u015e.<\/a><\/li>\n
- Ziraat Kat\u0131l\u0131m Bankas\u0131 A.\u015e<\/a><\/li>\n<\/ul>\n\n<\/div>\n <\/a>\n <\/li> <\/ul>\n
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- \n What are YTH System Fees?<\/a>\n \n
\n1. Inter-Participant Interchange Commissions<\/strong>
\nPlease click here<\/a> to see Inter-Participant Interchange Commissions.
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\n2.\u00a0BKM\u00a0Fees<\/strong>
\nParticipants are charged monthly with a predetermined fee based on the total amount of all financial transactions that pass through the Clearing System.
\n\n<\/div>\n <\/a>\n <\/li> <\/ul>\n
- Akbank T.A.\u015e.<\/a><\/li>\n
- Ahlatc\u0131 \u00d6deme ve Elektronik Para Hizmetleri A.\u015e.<\/a><\/li>\n
- \n Who are the YTH System Participants?<\/a>\n
- \n What are the working hours for YTH System?<\/a>\n
- \n How does YTH System operate?<\/a>\n
- An institution, which is a member of at least one of the card system organizations and plans to operate within the context of Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions Law, No.6493, and has obtained operating license from competent authorities for that purpose,<\/li>\n<\/ul>\n
- 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,<\/li>\n<\/ul>\n
- 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\u00a0\u201cnecessary permits\u201d from competent authorities,<\/li>\n<\/ul>\n
- \n What are the Criteria for YTH Participant Acceptance?<\/a>\n
- \n YTH System Statistics<\/a>\n
- \n When was YTH System launched?<\/a>\n