Close a Bank Account in Turkey

• This service is designed for expats, residents, or individuals with financial dealings in Turkey who are looking to close their Turkish bank accounts. It's ideal for those moving out of Turkey, simplifying their financial affairs, or transitioning to different financial institutions.
• Also, relatives of deceased residents in Turkey or those with assets there may need to be close accounts and have the funds transferred according to a Will.

To close a bank account in Turkey, you need to ensure:

• The account does not have a negative balance.
• All direct debits or standing orders linked to the account are cancelled.
• Any associated debts or credits are settled.
• Necessary identification documents are prepared.

1. Client Consultation: Understand the specific banking situation and any linked financial obligations.
2. Document Preparation: Prepare the necessary paperwork, including a bank account closure request form.
3. Formal Request Submission: Submit the closure request either in person, via mail, or through online banking platforms.
4. Confirmation of Account Closure: Obtain confirmation from the bank once the account is successfully closed.

• Expert Guidance: Navigate the Turkish banking system with professional assistance.
• Smooth Closure Process: Efficient management of the account closure to prevent any future issues.
• Transparent Procedures: Clear guidance on regulatory requirements and closure procedures in Turkey.

• No Closure Fee: Turkish banks do not typically charge a fee for closing an account.
• Online Closure Options: Provide assistance for online closure requests where available.
• Account Balance Settlement: Assist in transferring or withdrawing any remaining funds.
• Compliance with Local Regulations: Ensure adherence to Turkish banking laws during the closure process.
• Multi-Owner Account Management: Coordinate with all account holders in case of jointly held accounts.