Corporate bank account in Turkey
We will guide you through the entire process of opening your business account with carefully selected Turkish banks located in Istanbul:
… until your new account is activated.
choosing the right financial institution;
saving time with remote pre-approval;
doing all required paperwork;
negotiating with compliance and legal team;
lawyer accompanying to a bank meeting;
Please note that currently there may be some restrictions on EUR/USD transactions for non-resident companies in Turkey. Contact us to discuss you case
Important warning! 01.09.2023
A company shareholder or an authorized attorney should come to Istanbul to visit the bank personally.
Identification method
This is a pre-scheduled meeting, and we will kindly accompany and assist you until your company's bank account is ready to use.
1. Articles of Association | Memorandum | Bylaws
2. Register Extract | Certificate of Incumbency
3. Certificate of Incorporation
4. Company licenses/certifications
5. Power of Attorney (if applicable)
6. Business profile describing your planned transactions, their volume etc. (we provide you a questionnaire)
Required documents
In case of corporate shareholder(s) the set of documents above is required for each legal entity in the structure.
All documents must be apostilled, translated into Turkish by a certified translator and notarised in Turkey.
(directors, shareholders, UBOs, attorneys)
Personal documents for each of the company officials
  • Passport
  • Address proof (utility bill or national ID card).
Documents and information review; initial KYC, KYB and sanctions check; setting up your company profile and submitting initial documents set to the bank.
STEP 1. Review and pre-approval
Approximate waiting time after submitting the entire file is 7 to 10 working days.
If you pass pre-approval successfully, the full documents set should be certified by Apostille or Consulate and send to Istanbul to translate into Turkish and notarize.
STEP 2. Full documents set
Normally it takes 5-10 working days depending on the volume of your files.
Pre-scheduled personal meetings in a tax office and a bank to finish all necessary paperwork, fully accompanying by our local English speaking lawyer.
STEP 3. Visit to Istanbul
Normally it takes from 2 to 4 hours to set up everything, and you have your account opened the same day.
Our fees
Low/middle risk business profile
Straight ownership/management structure of the company
EUR 2500
High risk business profile
Complicated ownership/management structure of the company
EUR 3000
High risk business profile
Complicated ownership/management structure of the company
EUR 5000
documents review and analysis, compliance and sanctions check, KYC and KYB compliance reports, profile set up;
pre-approval with the bank;
meeting schedule and appointment;
administrative and consulting assistance with your documents file;
potential tax number registration for the company and its officials;
legal assistance during the bank meeting.
The fees include:
Refund Policies:
1. If your bank account is rejected for any reason, we will refund 50% of the fee you paid for our assistance in opening the account.

2. In the event that you provide false information to the bank or any other such related action, we will consider our services rendered in full, and the fee of services for opening an account is non-refundable.

3. Other expenses incurred during the process of opening your account, such as bank commissions for application consideration, transfers, and ordering additional documents, are also non-refundable.
Translation and notary expenses are not included in the price and are subject to calculate based on the final documents set.
In order to save your time and money we might recommend getting your pre-approval first:
Please note that this amount is non-refundable regardless of the outcome.
Straight ownership/management structure of the company
EUR 250
Complicated ownership/management structure of the company
EUR 450
Additional services you might like
Personal bank account for the company official during his visit to Istanbul
EUR 500
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