For the 2 billion lira transaction stopped by MASAK, Hedef Yatırım stated that it was a same-day value USD/TRY swap with Swissquote, that the TL went to a correspondent account not abroad, and that there was no uncovered outflow.
Hedef Yatırım Bankası stated that the transaction was a same-day value spot FX swap conducted for 40.9 million dollars and that the lira was transferred to Swissquote's correspondent account at Akbank. The bank emphasized that there was no unbacked fund outflow or transfer of money abroad.
