ATIELIT

Opening a bank account in Türkiye as a foreigner: which bank, what it costs, what you need

A Turkish bank account is usually the first practical step after arriving, or after registering a company. You can open one without residence, and for Iranians two banks are the realistic choice. Here is how it works.

At a glance

  • Without residence: possible.
  • Best options for Iranians: Ziraat Bank and VakıfBank.
  • Personal account with ATIELIT: TRY 2,500 at Ziraat, TRY 5,000 at VakıfBank; at Ziraat by power of attorney, USD 100.
  • Company account: USD 300 at Ziraat, USD 400 at VakıfBank.
  • Timeline: usually one working day.
  • In person: banks usually require you to be there; we book, go with you and translate.

Which bank?

It depends on your activity, your nationality and the kind of account, but for Iranians Ziraat Bank and VakıfBank are the best options. We help you choose before the appointment, so you don't go to a bank that will turn you away.

Personal accounts

You can open a personal account without Turkish residence. Our fee is TRY 2,500 at Ziraat and TRY 5,000 at VakıfBank. Turkish banks usually want you there in person; at Ziraat, opening by power of attorney is also possible, for USD 100.

Company accounts

Once your company is registered, it needs its own account. Our fee is USD 300 at Ziraat and USD 400 at VakıfBank. If we register your company, we help with the company account as part of the same process.

Documents

  • A valid passport
  • A Turkish tax number
  • An address in Türkiye
  • Company documents, for a company account

Cards

Depending on the account and the bank's conditions, you can get a Visa or Mastercard. Tell us what you need the card for and we'll suggest the right account.

What we do

We prepare the documents, book the bank appointment, go with you and translate. It is usually done in one working day.

Common questions

Can a foreigner open a bank account in Turkey without residence?

Yes, it is possible to open an account without residence.

Which Turkish bank is best for Iranians?

It depends on your activity and the account type, but Ziraat Bank and VakıfBank are the best options for Iranians.

How much does it cost to open a bank account in Turkey?

With ATIELIT, a personal account is TRY 2,500 at Ziraat and TRY 5,000 at VakıfBank (USD 100 at Ziraat by power of attorney); a company account is USD 300 at Ziraat and USD 400 at VakıfBank.

Do I need to be there in person?

Usually yes. At Ziraat a personal account can also be opened by power of attorney.

This article is general guidance and doesn't replace a review of your own case. Rules and figures can change, and no one can guarantee a residence or visa approval.

Contact

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