TTK Article 795 et seq.: Check special bill of exchange, submission periods are strict.
Presentation Periods
- Same place: 10 days
- Different place within Turkey: 1 month
- Abroad: 3 months
Bound Check
- Bound presentation from the bank
- Protects the rights of the check holder
- Criminal liability (5941 SK)
Cheque Back (Endorsement)
- Transfer with signature on the back of the check
- "Full endorsement" (new holder is specified)
- "White endorsement" (signature only)
- Criminal liability several
Foreign Exchange Follow-up
- EBL Article 167 fast follow-up
- 5-day payment order
- Signature denial in the enforcement court
Supreme Court 12th HD and 19th HD
Chambers accept that the check submission period is strictly adhered to and if the period passes, its foreign exchange status will be lost.
Commercial lawyer recommended.