Larger Banks Now Requiring Residency from Foreigners when Creating a Bank Account - Northern Cyprus7/10/2021 The larger banks, namely TEB and Iş bank, have recently set forth an added requirement of residency on foreigners (including foreign property owners) in order to create and operate a bank account in North Cyprus.
Other banks such as Creditwest and Albank as well as the local Turkish banks will not however require residency documents. They instead require the regular documents needed when opening bank accounts which are as follows:
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June 2022
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