Banking in Turkey

Turkey's open economy combined with a steadying market and pressures from EU countries have raised banking in Turkey to new levels.
 

The incorporation of the Banking Regulation and Supervisory Board in 2000 has quickly elevated standards of practice and the committee is now the authority of the banking sector. As a result of much advancement in the financial market, there has been a recent surge in foreign banking interest in Turkey. By 2008, Turkey plans to meet the EU's main economic criteria.

  • Within the past few years, consumer banking in Turkey has also advanced by leaps and bounds. Most banks provide standard services, like telephone and internet banking. Non-residents can open bank accounts in any currency by just going to a branch with their passport. Larger banks have extensive ATM networks throughout all of Turkey. Although opening a bank account and getting an ATM card is easy, getting a credit card is much harder. To apply for a credit card, a residence permit, official employment, proof of income and a Turkish guarantor are all necessary.

Banking Glossary

Below is a helpful guide to commonly used banking language:

Account: hesap, banka hesabı
ATM, Cash Machine: ATM
Bank: banka
Bank notes: kağıt para
Cash: nakit para
Cashier: kasiyer
Credit card: kredi kartı
Current account: cari hesap
Deposit (verb): yatırmak (bankaya)
Identity card: kimlik kartı
Payment: ödeme
Savings account: tasarruf hesabı
Small change: bozuk para
Cash (verb): paraya çevirmek, bozdurmak
Pay (verb): ödemek
Tourist check: turist çeki
Traveler's checks: seyahat çeki
Window: gişe, pencere

Hello. Will you please change this traveler's checks?
Merhaba. Şu seyahat çeklerini bozarmısınız lütfen?

Please give me large notes.
Lütfen bana bütün para verin.

Please go to the exchange window.
Lütfen döviz bozdurma gişesine gidin.

Where's the exchange window?
Döviz gişesi nerede?

Excuse me! The cash dispenser has swallowed my credit card.
Özür dilerim. ATM makinesi kredi kartımı yuttu.

Can I use my credit card to get Swiss Franks?
Kartımla İsviçre Frangı çekebilir miyim?

Hello, could you tell me whether you have received a transfer from Switzerland for Dany White?
Merhaba, İsviçre'den Dany White için bir havale geldi mi?

How much was it?
Ne kadardı?

Thirty thousand Swiss Frank from the National Bank.
National Bank'tan otuz bin İsviçre Frangı.

Yes we have. May I have your identity card.
Evet geldi. Kimliğinizi verir misiniz?

Can I pay with US Dollars?
Dolar olarak ödeyebilir miyim?

Do you have any change?
Bozuk paranız var mı?

Thank you.
Teşekkür ederim.

 

 

 

 

 

 

Open an account at Finansbank

Go to any Finansbank branch with your passport and Republic of Turkey tax number to immediately open your account.>>