Opening a Bank Account – Master Study in Turkey | Turkey University

Open a Bank Account

In order to open a bank account in Turkey, foreign individuals first need a potential tax number. Foreign nationals can request a potential tax number from any tax office (interactive tax office for individuals) with a passport or residence permit. In addition to the potential tax number, the foreign person must also determine a delivery address. In any case, the bank will communicate with the relevant person through this delivery address. The tax number, passport, and delivery address are mandatory requirements for opening an account, and some banks may also request a mobile phone number obtained from Turkish operators.

The 3 advantages of opening a bank account for foreigners:

It allows foreigners to easily access financial services in the country where the bank account is located.

It allows for easier financial management and organization for foreigners living in a foreign country.

It can facilitate international financial transactions, such as sending and receiving money from other countries.