A Complete Guide to Open a Bank Account in Turkey as a Foreigner

Moving to a different country means you have to setup everything from scratch. You will have to search for an apartment, look for schools for your children and do a lot more. Among the major things that you need to set up in your new home is open a bank account. Opening a bank account in Turkey is no hassle. The process is as easy as these steps:

Pick a Bank to Open your Account

Ideally, you would want your bank to be in your district. Choose a bank from the list below that you find the easiest to commute to.

Name of BankWebsite
Türkiye Cumhuriyeti Ziraat Bankasi A.Ş. https://www.ziraatbank.com.tr/en
Türkiye Halk Bankası A.Ş. https://www.halkbank.com.tr/en
Akbank T.A.Ş. https://www.akbank.com/en-us/Pages/default.aspx
Türk Ekonomi Bankası A.Ş. https://www.teb.com.tr/en/
Türkiye İş Bankası A.Ş. https://www.isbank.com.tr/EN/home/Pages/home.aspx
Yapı ve Kredi Bankası A.Ş. https://www.yapikredi.com.tr/en/
Denizbank A.Ş. https://www.denizbank.com/en/
HSBC Bank A.Ş. https://www.hsbc.com.tr/en/
ING Bank A.Ş. https://www.ing.com.tr/en
Odea Bank A.Ş. https://www.odeabank.com.tr/en-us/sayfalar/default.aspx
QNB Finansbank A.Ş. https://www.qnbfinansbank.com/en
Türkiye Garanti Bankası A.Ş. https://www.garantibbva.com.tr/en
Türkiye Vakıflar Bankası T.A.O. https://www.vakifbank.com.tr/English.aspx?pageID=977

Documents Required for Opening a Bank Account in Turkey

Here are the required documents:

  • Tax ID
  • Certificate / Proof of Residence
  • Local Phone Number

Note: A Tax ID is issued after you’ve obtained your residence permit card. Thus, non-residents cannot open a bank account in Turkey.

Submit your Documents

Go to your chosen bank, fill in the account opening form, submit all the above documents, and you’re done! Following the same process, you can open a TL, USD or a Euro account.

Depending on the bank you choose, you might be given your ATM/Debit card there and then or you might have to wait ten days for the card to arrive. Within these ten days, you can use the bank’s mobile app to perform transactions.

Move to Turkey

Turkey offers various residency programs. Find out all about these programs and how you can apply here.

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