Suitable North Cyprus banks for offshore companies

lacomaco


Joined: 27/08/2010
Posts: 4

Message Posted:
13/08/2011 19:50

I am working with a fairly big company which offers company formation and management services in offshore jurisdictions (BVI, Caymans, USA, Hong Kong, Singapore, Seychelles) etc. Would appreciate any suggestions for a bank providing services such as

- internet banking

- debit cards

- multi-currency accunlts (mainly EUR and USD)

- efficient account opening procedure.



The level of interest rates are not really important, as only commercial banking services are needed.

I have read many posts on the Forum, but found no topic dealing with offshore companies. Clients would probably prefer larger financial institutions from Turkey.

Thanks in advance

elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
13/08/2011 19:51

Try HSBC Turkey.

ismet

reyntj


Joined: 26/01/2011
Posts: 229

Message Posted:
13/08/2011 20:17

Hi



I've asked at a few but most will only do local incorporations. I have been told tev bank but to be honest I did t follow it through so don't even know if they exist or the selling is correct . Let me know if you find someone as my offshore company currently banks with alpha bank on the southern side and they wont send any money here as they don't recognise the banks which is causing various issues

lacomaco


Joined: 27/08/2010
Posts: 4

Message Posted:
13/08/2011 23:13

Thanks, HSBC would e great because of te international aspects. Do you have any suggestion of whom to contact? Thanks for your efforts

blade


Joined: 19/06/2010
Posts: 1286

Message Posted:
14/08/2011 17:00

HSBC and the UK taxman,lol.

Pugwash


Joined: 06/09/2010
Posts: 1797

Message Posted:
14/08/2011 17:55

Garanti would be my choice, excellent bank

lacomaco


Joined: 27/08/2010
Posts: 4

Message Posted:
14/08/2011 18:17

Any contact details I can turn to tomorrow at Garanti?

reyntj


Joined: 26/01/2011
Posts: 229

Message Posted:
15/08/2011 21:43

Do garanti cater for offshore companies?

Agobard


Joined: 20/08/2008
Posts: 271

Message Posted:
16/08/2011 07:26

The Turkish Economy Bank (TEB) is a very large Turkish Bank which is partly owned by BNP Paribas. Have to say that I would favour them over Garanti for corporate accounts. Whether, in a TRNC branch, you would get the facilities that you need though I really don't know. Go to their English website at: http://www.teb.com.tr/eng/Default.aspx It is certainly the case that a lot of the extensive facilities that the large Turkish banks have in Turkey are not available in TRNC due to all kinds of local restrictions.

reyntj


Joined: 26/01/2011
Posts: 229

Message Posted:
16/08/2011 11:00

That's it ago bard teb not tev as my previous post that's who somebody recommended no wonder I couldntbfind them thanks for your post