Bodrum Investment Advisors

Banking System

The primary function of banks is to provide funds that they obtain in various ways as loans to individuals and organizations, and making a profit from this transaction. Banks in Turkey are reliable businesses for taking out loans and depositing your money. Up to 100,000 TL of the money you deposit in a bank in Turkey is under state guarantee. Deposit banks, participation banks and development investment banks operate in Turkey. Deposit accounts and drawing accounts for Turkish Lira, foreign currency or gold may be opened in deposit and participation banks.

Opening an Account in Bodrum Turkey

Just as every person in Turkey, all foreigner such as such as British citizens, English citizens, United Kingdom citizens, Irish citizens, Belgian citizens, Netherland citizens, French citizens, Russian citizens, Austrian citizens, Saudi Arabian citizens, Afghan citizens, Syrian citizens, Algerian citizens, Australian citizens residing in Yalıkavak, Bodrum, Turgutreis, Gümüşkaya, Kadıkalesi, Kıyıkışlacık, Torba, Gümbet, Yalıçiftlik, Kızılağaç, Mumcular, Ortakent or Yahşi have the right to open a bank account. Even if you do not have a job, you do not have money to deposit in a bank account or you are bankrupt, you can open an account in the banks operating in Turkey, You need to apply to a bank and present the required documents to open a bank account. You must have your identity documents with you during application. Opening a bank account allows you to write out a check, withdraw money, make payment or money transfer or engage in credit operations. Almost all of these services are available 24/7 through ATM, telephone banking and online banking. You may contact your bank for further information.

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