TURKEY

MONETARY SYSTEM :

Turkish Lira (TL) is the national unit of currency.

The banknotes are of 100.000, 250.000, 500.000, 1.000.000, 5.000.000 and 10.000.000 liras.

Coins of 25.000, 50.000, 100.000 liras are also in circulation.

Recently, the notes have been changed to 5 mil, 10 mil and 50 mil, but old notes and coins are still in circulation.

Daily official and free-market exchange rates for foreign currencies are published in all newspapers.

Foreign currencies can easily be changed at the banks, change offices and PTT branches.

Eurocheques can be cashed immediately and tra ches have the facilities to exchange money at the current international exchange rates, as well as international postal orders and vellers' cheques are cashed on proving the identification.

Major credit cards like American Express, VISA, Diners Club, MasterCard, Access, JCB and Eurocard are also in use in Turkey, being accepted at most establishments