Banking in Turkey
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  1. ►LOCAL INFORMATION - MARMARIS & OUTLYING AREAS
     

    1. Marmaris

    2. Içmeler

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    Marmaris & Içmeler maps
     

  2. ► GENERAL INFORMATION
     

    1. The Language

    2. The Turks

    3. The Food

    4. Wines & Spirits

  3. ►FORMALITIES
     

    1. Legalities

    2. Banking

    3. Solicitors

    4. British & Turkish Consulates 

  4. COMPANY FEES
     

  5. CONTACT US


Bank accounts are available to overseas residents in Sterling, US Dollar, Euro & Turkish Lira. Most banks in the major tourist resorts have an English speaking member of staff to help with your banking needs. Major banks in Marmaris include: HSBC, Yapi ve Kredi, Koç Bank, Garanti Bank, Iş Bank, Ak Bank, Diş Bank amongst many others.

Banks offer many of the same services as in the UK - payment cards, telephone banking, internet banking, standing orders etc.

Banks are generally open from 08.30am – 12 noon and 13.30pm to 17.00pm, Monday to Friday.  Change offices are open seven days a week from 08.00am until about 23.00 hours although the rate of exchange offered at the Banks is generally slightly higher.

Money can be transferred efficiently & securely from European banks to Turkish banks through the electronic 'Swift' system. This normally takes three to four working days and there is a charge for this service made by the UK bank (between £15 & £40) and occasionally by the receiving Turkish bank (depending on which bank is used).

Once you own your property, a direct debit can be set up by visiting your branch (& with some banks via internet banking) for electricity, telephone, satellite TV. In order to arrange a telephone line and satellite TV you must have a residence visa.

Interest rates are higher than in the UK, however, as inflation has stabilised and continues to lower, so will the interest rate continue to adjust down.

  Kent Property Services, Kemal Elgin Bulvari, Ketenci otel karsisi, Marmaris, Turkey
Tel: 00 90 252 412 22 47 / 00 90 252 413 44 18
Email:
Kent Property Services