Garanti BBVA Launches Secure Digital Property Transaction System

Garanti BBVA has introduced the Tapu Secure Transaction System in collaboration with the General Directorate of Registry and Cadastre. This innovation digitizes property transactions, providing buyers and sellers with a secure, fast, and hassle-free environment. The system ensures payments are held under bank guarantees until property transfer is complete, automatically transferring funds to the seller upon ownership transfer.

■Eliminates the need for cash handling.

■Reduces fraud and theft risks.

■Operates entirely through digital channels. Cemal Onaran, General Manager Assistant at Garanti BBVA, highlighted that this service enhances trust, speed, and convenience in property transactions, which are critical financial decisions for customers. This initiative reflects the impact of digital transformation on Turkey's real estate market.

Garanti BBVA's solution demonstrates how digital banking is reshaping the property sector in Turkey, where digitalization is accelerating.