Presentation Plan
       Introduction
       Workflow
       Results and Conclusion
                                                2
                        Definition
        Transfer of public payments electronically
        Fully automated process, including 
           bookkeeping and production and transfer 
           of the  EFT messages
        Real-time inquiry of payment status, 
           bank statements and receipts 
           electronically
                                                   3
             Public Electronic Payment System 
                                        (PEPS)
                                  Public Payments
    Accounting Office
                                   Salaries
                                   Service payments
    Accounting Office Ministry of                     Central           Treasury
                        Finance    …                  Bank Of 
                                  Treatment payments   Turkey
    Accounting Office
                                                   EFT
                                                                                   4
               Presentation Plan
       Introduction
       Workflow
       Results and Conclusion
                                                5
                         Public Electronic Payment System 
                                                                              (PEPS)
                                               Cash demand approval results                        Cash demand approval results
                                         Accounting                                   Ministry of 
      Tax Office                         Accounting                                   Ministry of                                         Treasury
      Tax Office                            Office                                     Finance             Cash demands                   Treasury
                         Rejection          Office       Cash demands                  Finance
                              & 
                     return payments                                                                                                                           CASH DEMAND
                                                    Payment Orders
                                                    Social Security Payments                                                                 TIBS
   Reconciliation reports,                                                                                                                   TIBS
                                                    Salary Payments
   Status report,                                   Rejection and Return of taxes    Payment Orders
   Account statements,                              Medication & Treatment Fees
   Bank receipts                                    Service Payments                Reconciliation reports, status reports                                     Receiver 
                                                                                                                                                               Receiver 
                                                                                                                                                                (person, 
                                                                                                                                   Receiving                    (person, 
                                                                                                                                   Receiving 
                                                                                                                                                              company or 
                                                         PEPS                                                                      Participant                company or 
                                                                                                                                   Participant               organization)
                                             Re-transfer of end-of-the day balances to the                              M03          (Bank)                  organization)
                                                                                                                                     (Bank)
                                             Treasury
                                                                          Accountin
                                                                           Accountin                                              M09 (for returns)
                                                                           g Office’s 
                                                                           g Office’s 
                                                                           account
                                                                            account                                EFT
                                                                                                                   EFT
                                             Treasury’s 
                                              Treasury’s                  Accountin                 M03                            M09 (for returns)
                                              Account                      Accountin
                                              Account                      g Office’s                                                                            Receiver 
                                                                           g Office’s                                                                            Receiver 
                                                                           account                                                 Receiving                     (person, 
                                                                            account                                                Receiving                     (person, 
                                                                        .     .                                          M03       Participant                 company or 
                                                                                                                                                               company or 
                                                                              .                                                    Participant                organization)
                                                                                                                                     (Bank)                   organization)
                                                                          Accountin                                                  (Bank)
                                                                           Accountin
                                                                           g Office’s 
                                                                           g Office’s 
                                                                           account
                                                                            account
                                                                                                 Transfers 
                                                                                                 Transfers 
                                                                                                  within 
                                          Re-transfer of end-of-the day balances to the           within 
                                                                                                  CBRT
                                                                                                  CBRT
                                          Treasury
                                                                                                                                         PAYMENT AND RECONCILIATION
                                                                                                                                                                     6