Cheques and notes
See the maturity spread of cheques you hold and issue, where your risk sits, and the cost of discounting, on one screen. Not every cheque in the portfolio is liquid — pledged and discounted ones do not enter available cash.
Yapı KrediAnnual rate48.50%Day countACT/365Value dateT+1 · 07.08.2026What you received, what you issued, and when
Cheques in portfolio
Cheques you hold, with count and average maturity. Collected, sent for collection and endorsed are tracked separately.
Cheques issued
Cheques you have issued and their nearest maturity. If the due date falls on a holiday, the rolled date is shown separately.
Pledged and discounted
In the portfolio but not liquid — it does not enter available cash. A discounted cheque never leaves the balance sheet; a financial liability arises against it.
Net near-term
The net effect of receivable and payable cheques over the selected period. If the bounce rate has not been measured, it is flagged as an assumption.
Where your risk sits by maturity band
Maturity spread (ladder): Five maturity bands — 0–15, 16–30, 31–60, 61–90, 90+ days. In each band, received cheques go up and issued cheques go down, with the net shown as a line. Clicking a band filters the table to that maturity.
Maturity takvimi: The net amount due each day over the next 90 days. Busy days appear darker. Holidays are marked in a separate lane, and the rolled payment date appears in the tooltip.
Maturities piling up in one week mean cash gets tight that week. The ladder shows this by band, the calendar shows it by day.
See the cost before you discount
Enter the bank, rate, day count and value date for the cheques you select; it calculates the net proceeds and the effective annual cost.
The breakdown is shown separately: discount amount, banking tax, commission. Nothing is folded into “interest” — the contract rate and the real cost would otherwise blur together.
Day-count convention
ACT/365 is common for TRY transactions, ACT/360 for FX discounting. Which one applies is stored per contract; if unspecified, it is flagged as an assumption.
Value date
Banks add a collection period to a cheque’s maturity. The discount period is maturity plus value date, not maturity alone — this moves the effective cost noticeably on short-dated cheques.
Multi-bank comparison
Quotes from several banks for the same cheque basket, side by side. Quotes whose convention comes from a contract are shown separately from those based on an assumption — an assumption-based quote never ranks as “best”.
The life of a cheque
Every instrument enters the portfolio at birth. Sending for collection, endorsing, discounting, collecting and bouncing are separate transitions; every one is recorded.
Bouncing is the bank’s event, not the system’s — it cannot be flagged without a bank reference.
A maturity that falls on a holiday
When an instrument’s maturity falls on a public holiday or a weekend, its payment day rolls to the next business day. Maturity and payment day appear in separate columns; the reason for the roll stays on record.
Holidays in between are included in the count — only the final day rolls.
Saturday is not a public holiday, but banks are closed. The banking calendar and the legal calendar are kept separate.