Opening a bank account in Turkey is an essential step for anyone purchasing property or settling in Istanbul. This summary guides
readers through the process, starting with obtaining a Turkish tax number and choosing a bank that offers services in English. It reassures foreign investors that Turkey’s banking system is modern and secure, allowing easy transfers of funds from abroad and the option to hold accounts in lira or foreign currencies. Practical tips – from using online banking to setting up automatic utility payments – are included, empowering newcomers to manage their finances smoothly and focus on enjoying their new investment.