anxious about moving to cyprus

lainie


Joined: 04/04/2009
Posts: 37

Message Posted:
07/04/2009 11:40

hi there, can any one advise me on the best banks to use in nrth cyprus and why?

many thanx

lainie

catalkoykid


Joined: 15/02/2009
Posts: 1190

Message Posted:
07/04/2009 11:52

Im with hsbc,dont pay the best interest,but im happy with it

jax47


Joined: 03/10/2008
Posts: 102

Message Posted:
07/04/2009 12:03

We wanted somewhere reasonably close to Ozankoy and we did a lot of research on the forums and also had a look at the various websites before deciding to join Creditwest in Catalkoy. We made an appointment by e-mail with the Manager Figen Kuman who was very helpful and she explained all the various accounts to us last time we were out, a young lady called Nesrin now looks after us very well. I can see my accounts on line from here in UK, although their site is not "live" yet so I cant actually do transactions, although they are working on it....we pay our electricity direct through them and hopefully other bills will be able to be paid soon....no complaints so far. Good luck

alano


Joined: 20/12/2008
Posts: 139

Message Posted:
07/04/2009 12:06

Hello, I am with the Turk Bank friendly and helpful staff ,any probs with my account or tranferring monies they sort it while im waiting or even contact my London Branch .Even get an e-mail if its going to take a bit longer to corfirm all sorted. Hope of some help.Alan

Denise


Joined: 14/03/2009
Posts: 590

Message Posted:
07/04/2009 12:16

i've been with the Turkish bank for around 11 years or more and have no complaints. when i originally opened the account there wasn't the choices of today but i wanted a bank that was secure as some of the 'newer' banks were not as secure. my husband has Garenti because of his work and i find they don't have a very good system for dealing with customers, everytime we have to go in we end up waiting at least an hour and everyone complains about the numbering system. when choosing a bank go for one that is well established and can meet your needs. most of the big banks have English speaking staff these days.

lainie


Joined: 04/04/2009
Posts: 37

Message Posted:
07/04/2009 13:59

Thanks for all replies!!! denise does your bank pay good interest? also Alano what about yours?

lainie

breezyboy


Joined: 14/05/2007
Posts: 1179

Message Posted:
07/04/2009 14:47

I seriously wouldn't touch Turk Bankasi.

The service level in Creditwest, Iktisat and Garanti are much higher. All with perfect English and much better rates than Turk/B and HSBC.

lainie


Joined: 04/04/2009
Posts: 37

Message Posted:
07/04/2009 15:01

thankyou breezeboy..when i was in turkey lst yr i opened two bank acc there in akbank,will this stand in the way of oppening other accounts do you know?

jakki



Joined: 23/10/2007
Posts: 865

Message Posted:
07/04/2009 15:36

We're with Universal in Catalcoy - very friendly staff!!!

elkiton



Joined: 15/03/2009
Posts: 514

Message Posted:
07/04/2009 15:44

Im with Turkbank Chatalkoy, been with them for a year, good service generally, use them weekly, no problems with the spoken english, and an english rep (justina) there for the more complex items, interest at 9.5%. Will be staying with them.

TonyE

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
07/04/2009 16:28

we bank off shore with bank of scotland.

lovingcyprus


Joined: 02/03/2007
Posts: 1272

Message Posted:
07/04/2009 18:32

fire starter



If you bank with Bank of Scotland in Jersey there is no Depositors Compensation Scheme, that means that if they go bust (probably unlikely) all your monies are at risk.

jardap


Joined: 08/08/2008
Posts: 318

Message Posted:
07/04/2009 19:15

Hi Denise

If you have a Para card for your Garanti account there is a terminal just inside the door put your card in and it gives you ticket, then your number comes up almost immediately,makes you unpopular with everyone else but saves a lot of waiting

Denise


Joined: 14/03/2009
Posts: 590

Message Posted:
07/04/2009 19:45

thanks jardap i already use this system but there are still various other numbers given that nobody can explain. normally your card gives you a number in the 400 region and without a card in the 8 or 900 region but other numbers come up in 200, 300 500 etc and it's very confusing and the cashiers will ring a batch of 800 then a batch of others so it doesn't always work out quicker. i try not to have to go inside now just use the atm. 1 turkish guy was in there once who used the card for his number but other people coming in and getting their number after him were being seen before him and he was going mad at the system and the cashiers couldn't explain. they just need a cashier dealing with fast issues and others dealing with everything else. but i've only ever seen 2 cashiers working, that's the main fault i think when it's busy. i'll stick to my Turk Bank!

digger123


Joined: 07/04/2009
Posts: 10

Message Posted:
07/04/2009 21:10

Hello Laine,

You say you are anxious about living in north cyprus,so you should be,not just what is the best bank,its the lot.

Give it a miss,the UK will seem like paradise after what you will go through in the north.

lainie


Joined: 04/04/2009
Posts: 37

Message Posted:
07/04/2009 21:36

Hi Digger,why is that then? appreciate your take on living there.what about turkey then is that any different? x

lainie


Joined: 04/04/2009
Posts: 37

Message Posted:
07/04/2009 21:37

Hi Digger,why is that then? appreciate your take on living there.what about turkey then is that any different? x

The-Wicks


Joined: 27/05/2007
Posts: 2279

Message Posted:
07/04/2009 21:54

lainie - I think Turkey and TRNC are completely different kettles of fish. As I advised earlier - think very carefully!!



Regards



J

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
08/04/2009 09:33

lovingcyprus

when all these banking problems started we moved our accounts from jersey to the isle of man.

my money is safe!

at least even if you use an off shore bank for a short time it would give you a chance to look around and make an informed decition.

as you know i don't trust the banks here.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
08/04/2009 09:41

lainie, Is choosing the right Bank your only anxiety? If it is then you are going to settle here very nicely. Good Luck.

girne


Joined: 14/01/2009
Posts: 438

Message Posted:
08/04/2009 11:27

l work for the Continental bank. l can say our savings rates are one of the highest and start at 15,5 tl and stg 5,5 monthly investment.



We offer an excellent service and our opening times are 8,30am to 4pm closed for lunch between 1pm and 2pm daily.



All our accounts are guaranteed for 20.000 euros or the equivelant



lf you need any other information please call me 05338417388.

lovingcyprus


Joined: 02/03/2007
Posts: 1272

Message Posted:
08/04/2009 12:03

fire starter



That was a good move, I know that the IOM have a Depositors Compensation Scheme.



Many people do not realise about the Jersey situation.

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
08/04/2009 12:05

no i agree, jersey are only covering jersey residents money.

digger123


Joined: 07/04/2009
Posts: 10

Message Posted:
08/04/2009 12:50

Lainie,

Just read the old posts on buying,lawyers etc

Could not comment on Turkey as regards living there,had some very good holidays there.