You can send Turkish Lira (TRY) from your KAST account to any bank account that supports TRY transfers using KAST Pay. In this article, you’ll learn how to send TRY to a bank account, what fees and timelines apply, and what to do if your payout doesn't arrive as expected.
How Do I Send TRY from KAST?
With KAST Pay, sending TRY is quick and simple:
| 1. Open the KAST app. | |
| 2. Go to the Pay tab. | |
| 3. Under New Payment, select Local Payout. | |
| 4. Choose TRY as your payout currency. | |
| 5. Choose whether to transfer to your own account or to someone else. | |
|
|
6. Enter the amount you wish to send. |
| 7. Enter your recipient’s bank details. | |
|
|
8. Review the details and confirm your transaction. |
Your funds are converted at the current FX rate, and you’ll see all fees and delivery times upfront before confirming your payout.
What are the Fees for TRY Payouts from KAST?
KAST uses transparent pricing for every TRY payout:
| Detail | What It Means | Amount |
|---|---|---|
| FX Conversion Fee | Rate applied when converting stablecoins to TRY. | 1% |
| Transfer Fee (Fixed) | Flat fee for processing your payout. | 2 USD |
What is the Minimum Amount Threshold for TRY Payouts?
The required minimum payout for TRY transfers is 500 TRY. This threshold helps ensure smooth processing and maintains consistent payout standards across supported banking networks in Turkey.
Which Banks Can Receive TRY Payouts?
You can send TRY to local banks in Turkey that support lira-denominated transfers, including:
- Major Turkish banks (Ziraat Bankası, Garanti BBVA, Akbank, Yapı Kredi, etc.)
- Most regional and digital banks that accept TRY deposits.
Tip: Always confirm with your recipient’s bank that their account can receive TRY deposits before sending.
How Long Does It Take for TRY Payouts to Arrive?
Most TRY payouts take less than 24 hours they are processed, provided they are sent during local banking hours. Transfers made after hours, on weekends, or during public holidays are processed the next business day. You’ll be notified once the payout is complete.
Can I Send TRY to Someone Else’s Account?
Yes, you can send TRY to another person’s local bank account as long as the details are correct. Double-check that the recipient’s name, IBAN, and bank information are entered accurately.
What If My TRY Payout Hasn’t Arrived?
If your payout hasn’t arrived after the expected time:
- Check your Transaction History in the KAST app.
- Confirm that your recipient’s bank details were entered correctly.
- Contact your bank to confirm whether the incoming transfer is pending.
- If still unresolved, contact KAST Concierge for support.
For more help, see: What Should I Do If My KAST Payout Hasn’t Arrived Yet?
Frequently Asked Questions
Do I need to complete KYC before sending TRY?
Yes. Completing KYC verification is required before using KAST Pay. This ensures compliance with local financial regulations and keeps your transactions secure.
Why does my TRY payout sometimes take longer to arrive?
Slight delays can occur if transfers are made after banking hours or during holidays. Occasionally, banks perform compliance checks on large or first-time transfers, which can add a short delay.
Can I cancel or edit an TRY payout after confirming?
No. Once confirmed, TRY payouts are immediately processed and cannot be canceled or changed. If you entered incorrect details, contact KAST Concierge as soon as possible for help.
What happens if my payout fails?
If your payout fails because of invalid or incomplete information, your funds will be returned to your KAST balance automatically once the payment is reversed. You’ll be notified once the refund is completed.
Can I send TRY from anywhere?
Yes. You can send TRY from any country supported by KAST, as long as the recipient’s bank account accepts TRY transfers. This makes it easy to send or receive funds across borders in local currency.