Vakıf Katılım Customers Will be Able to Make Money Transfers 7/24 Without Using IBAN

Vakıf Katılım gradually puts into service the FAST system which allows its customers to make their domestic money transfers 7/24 instantly on 18 December 2020. Having previously put into use the Easy Addressing System (KOLAS) which allows money transfers using mobile phone number, TR ID No, Tax ID No, foreigner identification number and passport number instead of IBAN, Vakıf Katılım intends to provide convenience for their customers in money transfers. Vakıf Katılım continues to put into services which facilitate the lives of its customers in line with its vision to grow with technology. Putting into service the FAST system which allows its customers to make their domestic confirmed money transfers to other banks at all hours of the day 7/24, Vakıf Katılım also offers its customers the Easy Addressing System (KOLAS) which allows money transfers using the information such as mobile phone number, TR ID No, e-mail address etc. instead of IBAN. Vakıf Katılım’s customers can define their mobile phone number, TR ID No, Tax ID No, foreigner identification number and passport number information and activate the FAST service from “Define an Easy Address” section under “Easy Address Transaction” menu under “Money Transfers” menu in Internet Branch and Mobile Branch in order to carry out money transfer transactions easily. Thanks to “KOLAS” and “FAST” systems, our customers can make their money transfers to other banks in a fast and secure manner. Stating that the FAST and KOLAS systems will change the payment habits in banking sector, İkram Göktaş, the General Manager of Vakıf Katılım, said “As Vakıf Katılım, we carry out technology-driven activities since the date of our establishment and operate with the objective to offer products and services which will satisfy our customers and increase our productivity to higher levels as well. In line with this vision, we have put into service the KOLAS system in our digital channels. In the forthcoming days, we will put into service the FAST system and then QR Code Payment infrastructure and will be the pioneer of the transition to a cashless society. While allowing our customers to make their money transfers to domestic banks at all hours of the day, we will also enable our customers to make money transfers in a fast and secure manner thanks to KOLAS system without the need for entering IBAN. With our advanced technological infrastructure and expert human resource, we will do our best to offer the best quality services and the most suitable solutions to our customers in line with our vision to be a reference institution in the forthcoming period as we did before.”