Calis Beach and Fethiye Turkey Discussion Forum

Property For Sale in Calis Beach & Turkey => Moving To Turkey => Topic started by: becci on September 17, 2008, 10:05:41 AM

Title: bank account when renting
Post by: becci on September 17, 2008, 10:05:41 AM

hi, thinking of renting for an 8 month period nex year and just woundering if its possible to open a bank account in turkey if you are only renting?

Title: bank account when renting
Post by: Anne on September 17, 2008, 12:29:19 PM

yes as far as I know Becci

Title: bank account when renting
Post by: Gorgeous_bird on September 17, 2008, 18:09:08 PM

If it is a case of accessing money in the Uk would suggest you think about applying for a Nationwide account. Free to withdraw cash abroad

Title: bank account when renting
Post by: Chinook on September 17, 2008, 18:19:28 PM

Should be no problem though I think you will need a tax number.

Title: bank account when renting
Post by: becci on September 17, 2008, 18:40:51 PM

thanks for replys i knew you had to have a tax number, what do you need for this, did think about nationwide but thought i might take advantage of the intrest rates in turkey for a while

Title: bank account when renting
Post by: terrie on September 17, 2008, 19:10:52 PM

take a copy of your passport,have your parents names to hand,and your birthdate etc..go to first floor of the right hand entrance door,then look at the desk on the far right ..this is where you get your tax card..should take about 10 mins if not busy

Title: bank account when renting
Post by: starman on September 18, 2008, 04:17:16 AM

Be warned that banks are now implementing new rules for opening bank accounts.
The new rule is that residence permits will be needed to open a bank account. This now the rule in istanbul but will filter down to the provinces sometime later.

Title: bank account when renting
Post by: Diverbaz 1 on September 18, 2008, 08:11:07 AM

That's strange, I though we had to have a Turkish bank account to get our residency. Catch 22 again?????

Baz 8)

Title: bank account when renting
Post by: ECHOSTAR on September 18, 2008, 08:32:07 AM

Some friends of ours opened one the other day they had to produce a uk  current utility bill as well as a tax number

Title: bank account when renting
Post by: becci on September 18, 2008, 14:27:45 PM

ok thanks everyone sounds quite straight foward, not sure really weather to have a nationwide account or turkish one,have to have a think, to be honest i think we are all wondering where the best place for our money is at the moment, britan...?

Title: bank account when renting
Post by: Connor on December 12, 2008, 15:39:33 PM

We've got both UK & Turkish.  Turkish A/C has better interest rate for savings BUT there is the problem of exchange rates; which at the moment are fluctuating wildly.  Our Nationwide A/c doesn't charge for taking out TKL but that A/C earns UK interest rates. The tax reference is necessary if you have a Turkish bank A/c because you can put your money on deposit over the 'phone or internet, earn interest, and then the Government takes its toll on the interest.
Hope this helps, remembering that you are only paying tax on the INTEREST only - not the Capital.

Title: bank account when renting
Post by: banker on December 25, 2008, 13:35:43 PM

No problem just visit Alper  :D