According to the Regulation on Payment Services, Electronic Money Issuance, and Payment Service Providers, foreign currency amounts transferred to UPTION from abroad will be automatically converted into Turkish Lira after 30 days, while those transferred from Türkiye will be converted after 1 day. The conversion will be made at the exchange buying rate announced by the Central Bank of Turkey and transferred to the UPTION TL account.
After foreign currency is deposited to your account, you can use your currency with the following methods:
Sell Currency: With the “Sell Currency” feature we have introduced in the new service, you can convert the balance in your foreign exchange accounts into Turkish Lira at the favorable rates of UPTION.
Transfer Abroad: You can send to bank accounts abroad, name, cards and mobile wallets.
EFT: You can send them to all bank accounts in Turkey via EFT by converting to TL.
Currency EFT: You can send to your exchange accounts at Aktiv Bank, Türkiye Finans, Vakıf Bank and Vakıf Katayım.
UPTION Card: You can use the balance found by linking your card to your foreign exchange account for your spending with the UPTION Card.
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