In order for the payment to take place, the bearer must present the cheque to the addressee. According to Article 796 of the Turkish Commercial Code, the presentation periods for cheques are;
Ten days if the cheque is to be paid at the place of issue
One month if payable in a place other than the place of issue.
A cheque issued in a country other than the country of payment:
One month if the place of issue and the place of payment are on the same continent,
In separate continents, it must be presented to the addressee within three months.
All these periods start to run from the date shown on the cheque as the drawing date. Submission periods are important because if the cheque is not submitted within these periods; the cheque loses its characteristic of being a bill of exchange. Submission periods are forfeiture periods. In this case, if the cheque holder does not respect the submission periods, he/she will be able to claim his/her receivable based on the original debt relationship. The cheque that is not presented within the deadline becomes the beginning of written evidence and witnesses can be heard on the subject.
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