Account Openings and Information
Yes, you can. Given that you fit the criteria and provide documents required, your account opening request will be considered. If successful your application will be processed.
We would be delighted to meet our customers face to face however you can contact us first by phone: +44 207 4035656
If you wish to open an account with us, please contact us on + 44 2079399245. Please provide one photo ID, a bank reference and one address verification document Please do not forget we may require more documents about yourself during your account opening process.
The following list gives the main types of identification document showing date of birth which may be accepted.
•Full valid passport (note: a passport must be pre-signed and not expired to be valid).
•Valid driving licence with photograph
Turkish Identity Card
Address Verification In addition to the name it is important that the current permanent address, including postcode, is verified as it forms an integral part of identity.
The following list gives the main types of address verification documents, which may be accepted. All documents seen must be originals and at least one of the following must be obtained for all accounts opened. ALL DOCUMENTS MUST BE LESS THAN 3 MONTHS OLD
• Recent utility bill (e.g. Gas, electric, water, not include mobile phone bill)
• Certificate of residence (Ikametgah)
• Bank/Credit or Store Card statement
We may open GBP, TRY, USD and EURO accounts.
It may take up to 3 months to return back to you with the result. If declined we will be informing you via phone call. If accepted, we will be sending you a welcome pack with your account details via e-mail.
Please find the eligibility Criterias to be our customer
You can be a non- resident individual or recently UK resident( less than 2 years) individual:

a) If you want to be our Platinum customer; who are provided service from our dedicated relationship manager in Mayfair branch with specialized services and rates, you should agree to hold minimum GBP 250.000 which can be held in deposits or GBP 50.000 in current account or GBP500.000 mortgage balance individually
b) If you want to be our Elite customer who provide service from our dedicated relationship manager, you should agree to hold minimum GBP 50.000 which can be held in deposits or GBP 10.000 in current account or mortgage balance up to 500.000 GBP individually
c) If you don’t meet the eligibility criteria individually or you need a commercial account, please call our London branch global banking department to learn more

If you are resident in UK for more than 2 years, please contact the closest Turkishbank branch.

These amounts can differ if you obtain service as platinum, elite or retail. Please contact us and we will provide you with more details.
You can make it through Internet Banking or you can fill and send the required form to the e-mail address: relationshipmayfair@turkishbank.co.uk

Yes, the FSCS will protect you up to £120,000 of your eligible deposits in the unlikely event that something happens to TBUK. For example, if you only hold £80,000 in a savings account and £50,000 in a current account with TBUK, the FSCS would protect £120,000 in total.

Joint Accounts

For Joint Accounts, each eligible account holder is entitled to £120,000 protection in total. For example, if there are two account holders, you will each be entitled to £120,000 protection, giving a total of £240,000.

Business Accounts

For Business Accounts, eligible deposits held in business accounts are treated as belonging to a single depositor and are protected up to £120,000 in total.

Temporary High Balances

You may be entitled to protection above £120,000 (up to £1.4m) for six months from when the amount was first deposited or legally transferred. Temporarily high balance are deposits connected with certain events, including:

  • Buying or selling your main home
  • Major life events such as death, marriage, divorce, retirement, redundancy, disability or incapacity
  • Compensation for personal injury or wrongful conviction

Who Is Eligible

FSCS protection generally applies to deposits held by individuals and most businesses. Certain exclusions apply, including deposits held by financial institutions and some public authorities. Your account statement will confirm whether your deposits with Turkish Bank (UK) Ltd are eligible for FSCS protection.

Further Information

For more and independent information about the FSCS protection, you can contact the FSCS directly:

Website: http://www.fscs.org.uk/

Telephone: 0800 678 1100 or +44 (0) 207 741 41 00

Email: enquiries@FSCS.org.uk

If there is transaction in your current bank account, we issue your bank statement monthly to your address. You can as well either use our Internet Banking or inquire from our office which will cost 5 GBP per page (maximum cost is 50 GBP).
Yes you can open a joint account, please contact us for the required documents. The limit applies to individuals and companies, not accounts. This means that for joint accounts the limit applies to each named account holder. You can find more details below:

https://www.fscs.org.uk/globalassets/disclosure-materials-2017/201610-fscs_awareness_jan2017_web-int-1.pdf

You can close your account by visiting one of the our branches.
You can fill the address change form and send a valid address verification document up to 3 months.
You can call the related service and direct debit from your GBP account.
Yes, we are however please contact us for further information.
No withdrawals are permitted during the Fixed Term of the contract
Does This Article Help?
[]
1
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right