How to open a bank account in Turkey

2009-09-20

Why open a Turkish bank account?

If you are living in Turkey, you will soon find that many things are more easily done if you have your own bank account. If you pay your rent by bank deposit, some banks may charge you a deposit fee. This can usually be avoided if you pay your rent by transferring from your own bank account into the apartment owner's. You can also avoid the long wait at the bank when paying bills, just make the payments online instead.

Bank in Istanbul

How to open a Turkish bank account

Most banks require that you have the following:

1) A tax ID number (Vergi Kimlik Numarasi), which is quite easy to obtain. You can find out where and how here.
2) Your current address in Turkey. Some banks may also require that you bring a letter or bill with that address printed on it as proof that you live there.

If you plan on depositing foreign currencies (many jobs in Turkey pay in US dollars or Euros), then don't forget to also open accounts in those currencies. Otherwise you will have to pay exchange fees when you deposit money into your account.

Article List

Hello and Welcome to our Istanbul Blog

Invitation from Financial Times Germany

Neighbarhoods in Istanbul

Vegetarian Vegan Surviving Guide

How to get a tax id number in Istanbul

Where to learn Turkish in Istanbul

Paying bills in Turkey

How to open a bank account in Turkey

Exchanging money in Istanbul, Turkey

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I am an American that lives in Tbilisi, Georgia.

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Do i have to have a permanent address in Turkey to do this, or can i have a temporary address, such as a hotel?

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