Open a Bank Account in Turkey |
A bank account is required for a foreign or national enterprise in Turkey in order to function properly on the market, make money transactions, and deposit the share capital.
Any overseas citizen residing in Turkey and holding a valid foreign identity number (YKN) in the country can open a bank account. When opening a bank account, a copy of the passport, the Turkish tax number, the bank forms, and a utility bill will be required. The entire process takes about an hour or less and can be completed online through the official bank websites.
If you don’t have a foreign identity number, don’t worry because our attorneys are here to assist you with everything, including opening a bank account. Just contact us, and we’ll give you all the information and assistance that you need!
DO I HAVE TO BE IN TURKEY TO OPEN A BANK ACCOUNT?
At Pick Turkey, our attorneys are here to help you if you can not come to Turkey for this purpose. You can open a bank account in Turkey with the help of one of our attorneys who will take care of all the relevant procedures. You do not need to travel to Turkey as one of our experts can handle the formalities of opening a bank account for you.
WHICH BANK SHOULD YOU USE?
The ‘big four’ Turkish retail banks, which are Emlak Katılım Bank, Ziraat Bank, Vakıf Bank and Denizbank have specific support and services for international clients. This includes customer service offered in English and other international languages, and products tailored to the needs of ex-pats.
CAN I OPEN A BANK ACCOUNT IN TURKEY IF I’M NOT TURKISH?
Yes! Any foreigner with a passport, tax ID number, and proof of address related to their residence in Turkey has the right to open an account so easily.
CAN I OPEN A BANK ACCOUNT IN TURKEY IF I DON’T HAVE A TURKISH RESIDENCE PERMIT?
Opening a bank account as a non-resident will be more complicated, but it is possible. If you are depositing a large amount of cash, banks will be more inclined to help you. Similarly, if you want to open a foreign currency account, then residency is not usually required. Our Attorneys will be guiding and helping you to ease the process.
WHAT TYPES OF BANKING FEES AND CHARGES CAN I EXPECT?
When opening a bank account in Turkey, it’s critical to carefully read the terms and conditions, especially when it comes to banking fees and charges. Here, at Pick Turkey, our attorneys go over all these procedures for you! You may discover that there are ongoing handling fees for keeping your account open or using a credit or debit card. These charges add up over time. A set fee for withdrawing cash from an ATM operated by a different bank is another common charge.
A bank account is required for a foreign or national enterprise in Turkey in order to function properly on the market, make money transactions, and deposit the share capital.
Any overseas citizen residing in Turkey and holding a valid foreign identity number (YKN) in the country can open a bank account. When opening a bank account, a copy of the passport, the Turkish tax number, the bank forms, and a utility bill will be required. The entire process takes about an hour or less and can be completed online through the official bank websites.
If you don’t have a foreign identity number, don’t worry because our attorneys are here to assist you with everything, including opening a bank account. Just contact us, and we’ll give you all the information and assistance that you need!
DO I HAVE TO BE IN TURKEY TO OPEN A BANK ACCOUNT?
At Pick Turkey, our attorneys are here to help you if you can not come to Turkey for this purpose. You can open a bank account in Turkey with the help of one of our attorneys who will take care of all the relevant procedures. You do not need to travel to Turkey as one of our experts can handle the formalities of opening a bank account for you.
WHAT TYPES OF BANKING FEES AND CHARGES CAN I EXPECT?
When opening a bank account in Turkey, it’s critical to carefully read the terms and conditions, especially when it comes to banking fees and charges. Here, at Pick Turkey, our attorneys go over all these procedures for you! You may discover that there are ongoing handling fees for keeping your account open or using a credit or debit card. These charges add up over time. A set fee for withdrawing cash from an ATM operated by a different bank is another common charge. To avoid this issue, choose a bank with a good ATM network.
CAN I OPEN A BANK ACCOUNT IN TURKEY IF I DON’T HAVE A TURKISH RESIDENCE PERMIT?
Opening a bank account as a non-resident will be more complicated, but it is possible. If you are depositing a large amount of cash, banks will be more inclined to help you. Similarly, if you want to open a foreign currency account, then residency is not usually required. Our Attorneys will be guiding and helping you to ease the process.
CAN I OPEN A BANK ACCOUNT IN TURKEY IF I’M NOT TURKISH?
Yes! Any foreigner with a passport, tax ID number, and proof of address related to their residence in Turkey has the right to open an account so easily.
WHICH BANK SHOULD YOU USE?
The ‘big four’ Turkish retail banks, which are Garanti Bank, İşbankası, Akbank, and Yapı Kredi Bank have specific support and services for international clients. This includes customer service offered in English and other international languages, and products tailored to the needs of ex-pats.
Contact Us
Ayazağa Mah. Cendere Cad. Vadistanbul No:109/I 2A Blok Kat:11 Ofis:84-85 Sarıyer / İSTANBUL
Phone Numbers
+90 541 640 15 03
WhatsApp
+90 541 640 15 03
E-Mail
info@picturkey.com