How to Open a Bank Account in Turkey?

Opening a bank account in a foreign country is always a confusing process for many real estate buyers and newcomers. However, in Turkey, this process is easy and takes a day or more depending on the documents you have ready. Most importantly, TERRA Real Estate agency will be with you during this step ensuring it goes as smoothly as possible.

Guide to Opening a Bank Account in Turkey for Foreign Nationals

After real estate buyers find their perfect home or apartment in Turkey, the following step is managing their financial procedures. The process of opening a bank account in Turkey is simple and quick. Many foreigners, non-residents, and investors are using Turkish bank accounts for mortgages and money transfers. All banks in Turkey are offering services through digital applications and mobile banking services that facilities the payments such as utility bills, mobile phone invoices, and many more. In Turkey, you can simply pick between public, private banks, or even international bank branches in Turkey. As the international relations between Turkey and countries from all around the world grows, banks now offer English-speaking staff to make this all a much smooth procedure. 

Opening a Turkey bank account, therefore, has become a very simple day-by-day- process. You would need a few documents to open a bank account, residential permit, or Turkish tax number to get all your financial services running in Turkey banks. 

As an account owner, you may even apply for the automatic payment of all your bills via Turkey online banking which is an optimal solution for the residents not living permanently in Turkey.

Documents needed to open a bank account in Turkey:

• Passport (proof of identity)
• Tax Identification Number in Turkey (Vergi Numarası)
• Proof of address (household utility bill or tenancy agreement in your home country)

If you have a residence permit in Turkey, that will also speed up the process of opening an account. The account opening process takes actually only one day, under the condition that all documents are provided to the bank. Some of the largest banks can also provide you with a bank card on the same day and open internet banking straight away. 

What Do We Offer?

All your before and after-sales services are guided by TERRA real estate ensuring professionality and completion of all paperwork on time. We also provide you with guidance based on our well-acknowledgment of the real estate market in Turkey.

There is a list of acceptable and trustable banks that you can open an account in. TERRA Real Estate has long years of experience and will assist you in this process. IIf you are abroad and need to open an account in Turkey, it is necessary to provide us with a Power of Attorney specifying the type of account you want to open. 

Apply to TERRA Real Estate, The Real Estate Expert in Turkey

Regardless of where you prefer to buy a property in Turkey, the beauty of the country will always amaze you. Just choose where to buy real estate in Turkey in coherence to your budget, your lifestyle, and expectations.

When you have decided to buy real estate in Turkey, make sure that you have a reputed estate agency with good references and experience. TERRA Real Estate is a committed business member of the Association of International Property Professionals (AIPP) and is regulated by the Property Ombudsman.

As one of the pioneers in the Turkish Real Estate Market, we are confident that our wide real estate portfolio continuously offers unique opportunities. We do not only offer homes for sale in Turkey but also offer affordable luxury apartments in Turkey.

Interested in property purchase in Turkey? Having a matter related to the real estate market in Turkey? Please feel free to contact us for any inquiries regarding places to buy Turkish properties. 

Are you in Turkey now and want to see the properties?

For arranging a property viewing in Turkey,

• Call us at +90 242 512 25 00,
• E-mail us.
• Call us for free via WhatsApp +90 532 341 67 54.

We will be happy to come to your accommodation/hotel and pick you up for free and non-committal viewing.