Can tourists open a bank account or exchange currency at banks in Turkey?
Based on 1 discussion with 2 participants · Last activity: 28 days ago
Based on 1 discussion with 2 participants · Last activity: 28 days ago
TL;DR
Most Turkish banks only exchange currency for existing account holders — tourists without a local account usually can't use bank exchange rates. Opening an account is difficult without Turkish/English skills, and new cards often require a large deposit or an opening fee.
An estimated 90% of tourists aren't Turkish bank clients, so advice about using bank exchange rates simply doesn't apply to them.
Banks exchange currency only for existing clients — tourists without an account are turned away. New cards are now issued reluctantly, either requiring a large deposit or charging an account-opening fee.
If a tourist has only seen the hotel-to-airport route and doesn't speak English or Turkish, opening a bank account will be genuinely difficult.
Currency exchange offices (dövizci) offer rates around 10% better than banks, but since tourists lack a local account or card, bank exchange isn't an option anyway.