Opening a Bank Account in Turkey

Many foreigners are coming to Turkey for buying a property and making an investment. The initial step for foreigners when buying a property is, opening a bank account in Turkey.

After finding the ideal home or apartment in Turkey, the next step is to manage their financial procedures. Opening a bank account in Turkey is a straightforward and quick process. For mortgages and money transfers, many foreigners, non-residents, and investors use Turkish bank accounts.

All Turkish banks provide services via digital apps and mobile banking services that facilitate payments such as utility bills, mobile phone invoicing, and many others. In Turkey, you may easily choose between public, private, or foreign bank branches. As Turkey's international connections with nations all over the world improve, banks are increasingly offering English-speaking employees to make the process go more smoothly.

In this article, we'll tell you everything you need to know about opening a bank account in Turkey. We'll cover the basics, such as what documents you need and what fees you can expect to pay. So read on for all the information you need to get started!

When opening a bank account, a copy of the passport, the Turkish tax number, the bank paperwork, and a utility bill will be required. Buy In Turkey will facilitate a Turkish Tax Number for our Non-Citizens also called “Application for Non-citizen’s Potential Tax

Number,” The entire process takes around an hour or less and may be completed online using the official bank websites.

There are many important banks for foreigners in Turkey such as: 

    1. Ziraat Bank. (www.ziraatbank.com.tr/en)

(Buy In Tureky highly recommend Ziraat Bank for our international clients, very flexible. Many branches available & ATMs, Staff speaks English, Bank App.)

      2. Garanti Bank. (www.garantibbva.com.tr/en)

      3. Isbank (www.isbank.com.tr/en)

      4. AKBank (www.akbank.com/tr-en)

      5. Yapi Kredi Bank (www.yapikredi.com.tr)

      6.  Vakifbank ( www.vakifbank.com.tr )

      7.  Denizbank (www.denizbank.com/en)