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Old 13th October 2020, 20:10   #1 (permalink)
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Opening a bank account

Hi.
We need to open a Turkish bank account to pay in funds to purchase a property
We won't own a property yet and we won't be renting one.
Could we open an account with a sale contract?
We have a tax number already.

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Old 14th October 2020, 09:17   #2 (permalink)
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Re: Opening a bank account

Some banks are insisting you have a 99 kimlik number now as well .
Foreign identity Num.

https://theegeeye.com/how-to-get-you...kimlik-number/

Last edited by evo80; 14th October 2020 at 09:56..
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Old 14th October 2020, 09:40   #3 (permalink)
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Re: Opening a bank account

You can't do much without a Turkish ID number, so why not get one now? I think you get them from the Göç idaresi
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Old 14th October 2020, 13:18   #4 (permalink)
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Re: Opening a bank account

Don't bother pay from your UK account Turkish banks are a nightmare.
Use your solicitor to do the transaction
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Old 14th October 2020, 16:05   #5 (permalink)
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Re: Opening a bank account

Quote:
Originally Posted by akbukowl View Post
Don't bother pay from your UK account Turkish banks are a nightmare.
Use your solicitor to do the transaction
I have never had a problem with finansbank in 15 years.

Last edited by enoch; 14th October 2020 at 17:01..
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Old 14th October 2020, 17:43   #6 (permalink)
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Re: Opening a bank account

Yes but there is new system for buying and selling and it links to a Turkish bank account so it means no settlement or money payment risks and a big advantage... much better than trusting a Turkish solicitor (NEVER)... did you know that unlike the UK, Turkish solicitors are not authorised by the bar to handle client money (!!!) ... but there are somethings that dont make sense about rosehillgirls1 post ...
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Old 14th October 2020, 19:35   #7 (permalink)
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Re: Opening a bank account

We are selling our property in North Cyprus. We will be transferring the funds bit by bit as we can't transfer the entire amount without a signature-and North Cyprus is effectively closed so we can't get there to sign.
We were hoping to go to Turkey -open an account then stay while the funds were transferred (about two weeks). Of course when we go there we won't own a property yet and we will probably be renting a holiday type apartment.
It's all complicated by Covid!!
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Old 15th October 2020, 09:38   #8 (permalink)
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Re: Opening a bank account

Quote:
Originally Posted by akbukowl View Post
Don't bother pay from your UK account Turkish banks are a nightmare.
Use your solicitor to do the transaction
I've been with YapıKredi Bank (Koç Bank as was) for 24 years....no problems.
We've used Akbank for all company accounts for going on 14 years....no problem.

A solicitor's not needed and would just be an unnecessary expense in this case.
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Old 15th October 2020, 10:18   #9 (permalink)
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Re: Opening a bank account

Quote:
Originally Posted by rosehillgirl1 View Post
We are selling our property in North Cyprus. We will be transferring the funds bit by bit as we can't transfer the entire amount without a signature-and North Cyprus is effectively closed so we can't get there to sign.
We were hoping to go to Turkey -open an account then stay while the funds were transferred (about two weeks). Of course when we go there we won't own a property yet and we will probably be renting a holiday type apartment.
It's all complicated by Covid!!
Hi! When we left Turkey to move to North Cyprus, we (supposedly) closed our Garanti bank account, but when we moved back to Turkey, we went to the Garanti in Fethiye to open an account, and they said we still had our Bodrum Garanti account. We said we closed it. They said they don't close accounts. If you had an account in Turkey previously, it might be worth checking out. xx
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Old 15th October 2020, 11:56   #10 (permalink)
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Re: Opening a bank account

We were previously with Iș Bank. I shall try and contact them.
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