MASAK measure triggers the "unpaid invoice" chain in the supplier-buyer relationship; contract + legal process go together.
Contract clauses
- Force majeure: MASAK measure clearly defined.
- Escalation: Cash flow guarantor if there is a measure longer than 7 days.
- Right to change banks.
Immediate action
- Objection petition within 48 hours.
- Parallel bank communication with power of attorney.
- Notice letter to the major customer (contractual warning).
Frequently asked
The customer refuses to pay; What should I do?
Promissory note protest + Execution and Bankruptcy Law are parallel.
Does interest accrue?
If there is commercial interest in the contract, yes; Otherwise, legal interest.
We changed banks, will it last?
Yes; MASAK's decision binds the account, not the buyer.
Relevant legislation
- Law No. 5549 on the Prevention of Laundering Proceeds of Crime Article 19 — 7-day temporary measure in suspicious transactions.
- 5549 SK article 13 — Administrative fines (obliged person, manager, employee).
- Turkish Penal Code art.282 — Laundering of proceeds of crime (3-7 years + judicial money).
- CMK article 128 — Confiscation of goods and rights; peace penalty approval.
- 5549 SK Implementation Regulation — Suspicious transaction reporting (STR), regular activity reporting.
Legal notice: This article is for general information purposes; A meeting with a lawyer is required for a concrete case.