How to open a bank account in Yapı Kredi

GSL reference about the bank What is it?

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GSL rating

Beginning of cooperation

December, 2022

Last contact

April, 2024

Last update

October, 2023

the bank was founded in 1944, one of the first private banks with branches throughout the country; currently it is the fourth largest bank in Turkey in terms of assets;
the bank opens savings (deposit) and current accounts;
the bank opens accounts for Turkish resident individuals, Turkish companies and branches of foreign companies;
no requirements for deposits and minimum balance;
it is possible to open a corporate account in the remote mode;
they issue bank cards;
a tax number in Turkey is required to open an account;
Internet Banking in English;
deadline for opening an account for a natural person ~ 14 days, for a legal entity ~ 1 month

GSL rating

Beginning of cooperation

December, 2022

Last contact

April, 2024

Last update

October, 2023

Поиск консультанта...

+44 0 207 822 85 93

General information and rating

Not rated

Global rating

Not rated

Countrywide rating

—

Countrywide rating of the head bank

—

Global rating of the head bank

Year of foundation

1944

History

The bank was founded in 1944. Yapı Kredi is one of the first private banks with branches throughout the country. Today it is the fourth largest bank in Turkey in terms of assets

Personnel

The staff speaks English

Bank’s shareholders

Yapı Kredi’s 27.02% of the shares are directly owned by Koç Holding A.Ş. and 40.95% of the Bank’s shares are owned by Koç Financial Services, which is 100% owned by Koç Group

Confidentiality

Judicial Cooperation Agreement with Russia is signed; Double Taxation Agreement with Russia is signed; AML legislation is strictly observed; Active member of OECD, FATF, Basel Commitee, Egmont Group etc.

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Minimum requirements

0

Minimum balance, €

0

Transactions permitted per month

0

Initial deposit of funds, €

0

Deadline for the initial deposit, month

Minimum balance, €

No minimum deposit or down payment requirements

Transactions permitted per month

No limit on the number of transfers

Initial deposit of funds, €

No down payment requirements

Minimum turnover, €/year

No minimum speed limit

How fast payments are executed

Same day or next day

Tariffs and services

N/A

Outcoming transfer, €

N/A

Incoming transfer, €

N/A

Account maintenance, €/year

N/A

Payment limit for credit cards, €/day

Distant access to the account

Internet Banking in English

Financial products

The bank provides a wide range of services in the area of various businesses and personal needs

Credit/debit cards

Bank cards can be issued

Account opening procedure

Days to open for incoming transfers

Case by case

Days to open for outcoming transfers

Case by case

References

Not necessary

Purpose of the account

Savings & current

Visit to the bank

It is possible to open a corporate account remotely

Required

For an individual: confirmation of a tax number in Turkey; residence permit (ikamet) or work permit; a document confirming the address of permanent residence (usually the same document that you submitted when obtaining a work permit or residence permit is suitable); original passport.
For a legal entity: confirmation of the tax number; sample signatures of directors; certificate of the nature of the company's activities from the Chamber of Commerce; publication of the registration of the company in the official newspaper of the trade register; completed questionnaires in the form of a bank for a company and an owner; confirmation of the source of origin of funds, incl. regarding the initial deposit; copies of current contracts/invoices with contractors; reporting, cash flow chart, ownership structure chart, etc.
For an individual (directors / shareholders / beneficiaries / attorneys): proof of identity (passport); proof of address (not older than 3 months); Summary

Types of accounts

Savings; Current

Opening procedure and Due Diligence

It is possible to open an account without visiting the country where the bank is located

Chances to open an account

Predictable

Business description

Moderately detailed: along with a description of the business, you must provide information about the sources of funds

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