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Büyükada is the largest of the nine islands comprising the Princes' Islands in the Marmara Sea
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Opening a Turkish Bank Account

Understand what is required to open a bank account in Turkey...

Turkish resident bank account

A foreigner moving to Turkey may open a bank account by visiting a branch. Most banks offer a choice of accounts to suit the customer's needs, and provide a wide range of services. Accounts are usually approved on the same day, and access to telephone and Internet banking can be activated shortly afterwards. There are three types of accounts:

  1. Current account: These are generally free but non-interest bearing. Charges apply to overdrafts and additional services.
  2. Savings account
  3. Deposit account

Joint accounts are available; it is important to stipulate whether a single or joint signatures are required to withdraw funds when opening a joint account. Accounts in a foreign currency are also available.

Documents

The following documents are required in order to open an account:

  • Passport (the bank will make a photocopy of this)
  • Republic of Turkey Tax Identification Number: most banks can help customers obtain this number. The registration procedure is simple and straightforward and takes place at the Finance and Tax Office
  • Completed proof of signature form
  • Proof of address (such as a recent utility bill)

Non-resident bank account

It is possible for non-residents to open a bank account in Turkey. The same documents (listed above) are required.

It is also possible to open an account remotely and many banks provide online telephone services in English.

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Welcome to AngloINFO Turkey

Everything you need for life in Turkey - local information you can trust
We have local franchise opportunities in Turkey and around the world

Do you dream of having your own, profitable, easy-to-operate business? AngloINFO might be the solution!

Now in its fifteenth year of business, AngloINFO is the world's leading network of expat information websites - with over three million monthly visitors from around the world.
We have an established network of 88 local websites in 41 countries with many more in development.

Our 54 local franchisees are the key to our success and come from a huge range of backgrounds, ages and nationalities. The common factor is a passion for success.