Bank account in Turkey

[Sunnyshores]

I now need a Turkish bank account for all my rental (ha ha!!) money to go into and for utilities to come out of.

Does anyone have any advice on what banks are good ? How much it costs to set up DDs, transfer money in/out, from UK etc. A bank with on-line banking would be great, so I can check balances etc from home.

Any help, appreciated. Thanks.

 

[TH4S]

Just as good as any other bank,HSBC



HSBC Bank A.Þ.

 

[blue sky]

You can also try Turkiye Is Bankasi and Turkish Bank. They might be useful as they have branches in London.

 

[Sunny Days]

AKBANK have easy to use internet banking, in English.

 

[nba004]

Hi, i have been told (by two banks in Istanbul) that i can not open an account in Turkey unless you live there!! does any one know any different?

 

[plush]

Hi, i have been told (by two banks in Istanbul) that i can not open an account in Turkey unless you live there!! does any one know any different?

It is usual to open a Turkish bank account prior to buying a property, so you can transfer money into your Turkish bank account before purchase. We purchased a property 4 years ago ... but at the time there were no checks to say that if we didnt then go ahead and buy the property then we needed to close our bank account.
We are UK residents and havent applied for Turkish residency.

My understanding is that you need to go and get a Turkish tax number and show the bank your passport to open an account.

You need Turkish resendency (or a Turkish friend to put the agreement in their name) if you want a car or a home phone.

 

[jestjools]

I have dealt with three banks during my time in Turkey. I can highly recommend Finans Bank, they also have internet banking so that you can keep a track on your accounts.

 

[mnoone]

I have accounts in both Finans Bank and Garanti Banks in Turkey, both have internet banking in english. Both also have call centre's with good access. Have had no problems with either. You will need your Turkish tax no. to open account, this you should have if you bought property.

 

[turkish_accountant]

First, you have to come to the branch in person because they require your signing the bank account opening form in person. Secondly you will need to have your passport and your Turkish Tax ID with you. That's all.

 

[TH4S]

You need Turkish resendency if you want a car.

I dont think so :banghead: that is totally incorrect information.

 

[mnoone]

bought 6 years ago. where are you located as we may from time to time require some assistance.

 

[TAM Gayrimenkul]

bought 6 years ago. where are you located as we may from time to time require some assistance.

Istanbul - we provide property management services around istanbul. how do you manage your property currently ? where is it located?

 

[Sunnyshores]

unfortunately my post 3 years ago was premature - the development is still not complete!!! But thanks for all the suggestions...

 

[Rivermead]

unfortunately my post 3 years ago was premature - the development is still not complete!!! But thanks for all the suggestions...

:hmmmm2: Does not sound like the best of news.

Which development did you buy on? Have they told you expected completition dates in the past? more recently?

 

[Sunnyshores]

I wont bore you with all the details, but the developer is now bankrupt, the landowner died and there are inheritance problems and our Uk agent and Turkish Lawyer have attempted some questionable dealings with the developer, so are keen to announce it as finished so we pay our final 20%s. . . . .

 

[Rivermead]

I wont bore you with all the details, but the developer is now bankrupt, the landowner died and there are inheritance problems and our Uk agent and Turkish Lawyer have attempted some questionable dealings with the developer, so are keen to announce it as finished so we pay our final 20%s. . . . .

Sounds like a complete nightmare. Fingers crossed it will all work out in the end for you. Make sure you keep us updated with progress.

We have been dealing with issues in Egypt for the past few years helping people secure there apartments. Read all about it here.

It can be hard at times to see a good outcome, but keep at it... there is always a chance.