TRANSACTION HOURS

Electricity Market Transaction Hours Hours
Advance Payment Transaction Payments 3 p.m.
Invoice Transaction Payments By the end of the sixth working day following the notification date
Distribution of advance payment receivables 3 p.m.
Distribution of invoice receivables On the seventh working day following the notification date
Transfer of receivables via EFT (Electronic Fund Transfer) 3 p.m. and 5 p.m.
Cut-off time for deposit withdrawal (cash) 3:40 p.m.
Cut-off time for deposit withdrawal (non-cash) 5 p.m.
Margin call (letters of guarantee) Payable to Energy Exchange Istanbul (EXIST) by 10:30 a.m.
Margin call (other than letters of guarantee) Payable to Takasbank by 11 a.m.
Takasbank commission payment By the end of the sixth working day following the notification date