Incoming Money Transfers

Receive Money Transfers into Your Account with İktisatbank

You can receive money transfers into your account at Kıbrıs İktisat Bankası Ltd. via either EPS or SWIFT.

Incoming Transfers Within the TRNC (via EPS)

The Electronic Payment System (EPS), provided by the Central Bank of the TRNC, is used for money transfers within the TRNC. Therefore, to receive a local transfer, you only need to share your account name and UBAN (National Bank Account Number).

Incoming Transfers from Abroad (via SWIFT)

If you would like to receive a money transfer from abroad into your İktisatbank account, you need to share the information below with the sender. We work with correspondent banks in Türkiye to provide a secure and reliable money transfer service.

Important Information for Your Transfer

To ensure that the transfer is completed correctly, please remember to enter your İktisatbank account number in the Reference/Additional Details field. The IBAN shown in the table belongs directly to İktisatbank.

Currency	IBAN No	Correspondent Bank	SWIFT/BIC	Account Name	Details*
TL	TR70 0001 5001 5800 7302 1955 42	Türkiye Vakıflar Bankası T.A.O. Ankara	TÜRKİYE / TVBATR2A	Kıbrıs İktisat Bankası Ltd.	Customer No / Full Name
USD	TR19 0001 5001 5804 8014 6767 84
GBP	TR35 0001 5001 5804 8014 6767 87
EUR	TR89 0001 5001 5804 8014 6767 85
CHF	TR92 0001 5001 5804 8015 5701 01
AUD	TR85 0001 5001 5804 8015 5701 30
CAD	TR75 0001 5001 5804 8015 5701 16
JPY	TR60 0001 5001 5804 8014 7519 00
DKK	TR06 0001 5001 5804 8023 1565 64
SEK	TR11 0001 5001 5804 8023 1565 71
NOK	TR71 0001 5001 5804 8023 1565 58
AED	TR65 0001 5001 5804 8022 5141 38

NOTE: İktisatbank does not have its own SWIFT code. Therefore, for international money transfers to İktisatbank accounts, Türkiye Vakıflar Bankası is used as the intermediary bank, and transfers are processed using VakıfBank's SWIFT code (TVBATR2A) and/or the relevant IBAN details.

Frequently Asked Questions About Incoming Money Transfers

What Is a UBAN?

A UBAN (National Bank Account Number) is a 28-character account number used by all banks for money transfers within the TRNC.

Where Can I Find My UBAN?

You can find the UBAN of the account into which you wish to receive a transfer through:

Internet Banking: Accounts -> Select Account -> the number beginning with CT.
Mobile Banking: Accounts -> Select Account -> Account Details.
Telephone Banking: Call +90(392)444-4444.
UBAN Calculator: Enter your branch code and account number in the UBAN Calculator on our website.

In Which Currencies Can I Receive Transfers from Abroad?

You can receive transfers from abroad in 12 currencies: TRY, USD, GBP, EUR, CHF, AUD, CAD, JPY, DKK, SEK, NOK, and AED.

Do Incoming Transfers from Within the TRNC and from Abroad Use the Same System?

No. Transfers within the TRNC are made through EPS, which is operated by the Central Bank of the TRNC, while transfers from abroad are made through the SWIFT system and a correspondent bank.