Opening a corporate bank account is frequently the slowest step in establishing a Turkish entity — slower than the trade registry, and largely outside the registry’s control.
Banks apply their own KYC and AML procedures, and requirements vary between institutions. We prepare the documentation to the standard the chosen bank expects and manage the relationship through to a working account.
What's included
01 — 07
Everything below is part of the engagement — not an extra line on the invoice.
- 01Assistance selecting suitable local and international banks
- 02Preparation of documentation — articles of association, tax number, signature circular
- 03Coordination with banks for account-opening meetings and compliance procedures
- 04Opening TRY and foreign-currency accounts (USD, EUR, JPY and others)
- 05Guidance on internet banking, cash management tools and payment systems
- 06Support with KYC and anti-money-laundering requirements
- 07Ongoing liaison with banks for updates and issue resolution