Cheque
"What happens if a cheque bounces in Turkey?"
"What happens if a cheque bounces in Turkey?"
A commercial negotiable instrument ordering a bank to pay a specific amount of money from a person's account to the bearer or named payee.
A cheque is a payment instrument with strict formal and presentment rules. It is different from a promise to pay on a future maturity date.
Keep the original, bank presentment record and dishonour information. Civil collection and any cheque-law complaint have separate conditions and deadlines.
Statutory framework and official guidance for this definition.
Our experienced attorneys can help you navigate cheque under Turkish law.
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