2 responses to “Banking in Turkey for Foreigners

  1. Cynthia Brigola

    I want to know the exact amount of initial or opening deposit at any bank in Turkey,i got a friend there saying a ridiculously high amount was asked of him for opening an account, is this true, please need to know how much. Are all banks requires the same amount? Thank you..

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    • I recommend your friend do some research on the banks and on what type of account they want to open. As with banks in any other country, there will be different minimum initial deposits required for different kinds of accounts (usually related to the interest rate). Initial deposits required do differ from bank to bank and, within the same bank, from one type of account to another.

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