Money Transfers & Standing Payment Orders
From Emlak Katılım you can make and schedule inter-account transfers, domestic transfers and EFT, and have your orders executed on the days and dates you choose. When the transaction date arrives, the Emlak Katılım system makes the payments on your behalf.
What Kinds of Orders Can Be Placed?
You can place an order to be executed on a single date, or weekly or monthly. This lets you carry out future-dated EFT and domestic transfer transactions through this system, and make your recurring rent, car, school and similar payments automatically.
With a Standing Payment Order:
- You don’t have to keep track of your recurring payments.
- If the date of a standing order to another bank falls on a weekend, the order is executed on the first business day.
- If you assign your instructions to your Master Account, you don’t need to track your payments.
- Depending on your preference, you can be notified by SMS/e-mail whether your instructions were executed.