Opening Bank account & Banking in Turkey
How to open a bank account in Turkey?
Opening Bank account & Banking in Turkey
Owning or opening a local bank account in Turkey will significantly facilitate your life as a resident in Turkey.
As you need it for bill remittance or to deposit your wage, income, or savings, but it will also allow you to make your daily purchases.
Opening a bank account in turkey is a simple process. At times, it is quite challenging as a newcomer, one of the factors is that banks are not willing to open an account due to being too busy or they do not have permission. So, in this case, you can try another branch of the same bank and they might welcome you and pay more attention.
Requirements to open a Turkish account;
First of all, you will need a residence permit,
After receiving a residence permit you need to visit the nearest Nüfus ve Vatandaşlık İşleri Genel Müdürlüğü (General Directorate of Population and Citizenship Affairs) offices to register your residing address because you will need to provide proof of address for your new bank account.
For that, you need to make an Online Appointment request at their website.
https://randevu.nvi.gov.tr/ Use Google or similar in browser translators to complete your appointment request.
Also alternative to the address registering a copy of your rental agreement or a utility bill that is not older than two months is also acceptable as proof of your address for opening a bank account.
Keep in mind trying to open an account before receiving your Turkish residence permit may involve a lot of door-to-door research before you find a branch willing to do without it, nowadays you can consider it as impossible.
You can choose to open an account in local and/or foreign currency according to your needs.
Picking a bank
A limited number of banks are willing to open a bank account;
Albaraka Türk Participation Bank
Turkish banks typically charge additional fees for cash withdrawal from the ATMs of competitors, so you should make sure your chosen bank has enough ATMs in your neighborhood.
Account management
You will automatically be granted a debit card, but obtaining a credit card is not possible.
Internet and mobile banking are widespread in Turkey. Your bank will probably have its online banking Web page and mobile branch application you can easily sign in and perform a variety of transactions.
See Also;
Comments (2)
Hello there! This is my first visit to your blog! We are a team of volunteers and starting a new project in a community in the same niche.
Your blog provided us useful information to work on. You have done a marvellous job!
Thanks and I am glad you liked it, please do not forget to share it with friends and social media, kind regards,