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İşbank

Bank account opening

An İşbank account: company documents, fees and limits

İşbank is the first national bank of the Turkish Republic, founded in 1924. It opens accounts for non-residents in USD, EUR and TRY with a visit, not online — and is geared to large clients who need relationship support from the bank. For foreign-capital companies, the bank publishes its own document lists.

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since 1924
The first national bank of the Turkish Republic
With a visit
Opening at the bank, not online
0.7%
Outgoing SWIFT for companies via online banking: 1,490–4,750 TRY
USD 49,999
Per day abroad via digital channels; more — through a branch

Other banks in Turkey

Türkiye Emlak Katılım BankasıVakıfBankZiraat Bankası
All banks in Turkey

In short

İşbank has been the first national bank of the Turkish Republic since 1924. It opens accounts in USD, EUR and TRY for non-residents with a visit, not online. Outgoing SWIFT for companies via online banking is 0.7%, 1,490 to 4,750 TRY; transfers abroad via digital channels are capped at USD 49,999 a day.

Checked 18 October 2026 · Elizaveta Germash

İşbank — a bank you visit in person, with a complete package

An İşbank account can’t be opened online: the signatory comes to the bank. In return, the bank publishes its document lists and fees in advance — you can prepare everything for the visit and not send papers afterwards.

  • For large businesses

    The bank is geared to large clients for whom relationship support matters more than online service. For foreign-capital companies, it has a Multinational Banking unit.

  • A list per client type

    Separate lists for a Turkish company, a branch and a liaison office of a foreign legal entity. All documents are mandatory and are examined by the branch.

  • Foreign documents

    Translation into Turkish and certification at the Turkish consulate — or an apostille and translation certified by a notary in Turkey. For UAE documents — the consular route only.

  • Three currencies

    USD, EUR and TRY. No dirhams or yuan on the account — for those, we look at Emlak Katılım.

Expert tip

The bank states plainly: the document list does not guarantee opening an account — the decision goes through internal approvals. So before the visit we check not only the papers but also the company profile.
Elizaveta GermashElizaveta GermashLawyer · Bank accounts

Bank profile

İşbank: terms, fees and limits for a company

Türkiye İş Bankası

Türkiye İş Bankası

Private bank · founded in 1924 · Istanbul

  • With a visit
  • USD · EUR · TRY
  • For large clients
  • Published fees
Open to
Non-residents; large clients — with the bank’s relationship support
Foreign-capital companies
Separate lists — for a Turkish company, a branch and a liaison office
Currencies
USD, EUR, TRY
Opening
Not online — the signatory comes to the bank
Contract
The Turkish version is signed; the English one is for information
Dedicated unit
Multinational Banking — for foreign-capital companies

Terms — based on our experience as of October 2026; document lists, fees for companies (updated 9 January 2026 and 26 August 2026), limits and owners — the bank’s website, checked on 18 October 2026. The bank decides whether to open the account.

Who it suits

Who it suits — and when to choose something else

A good fit if

  1. 01Your business is large and needs relationship support from the bank, not just online service.
  2. 02You have a company, branch or liaison office in Turkey — the bank publishes document lists for these.
  3. 03The signatory is ready to come to the bank with the original documents.
  4. 04USD, EUR and TRY are enough on the account.
  5. 05You need a private bank with a dedicated unit for foreign-capital companies.

Consider something else if

  1. 01You can’t travel, or you need dirhams and yuan on the account.Emlak Katılım
  2. 02There’s no company in Turkey yet, and the business will operate in the country itself.Turkey
  3. 03The business is small, and you need a simple account without the bank’s relationship support.

Benefits

What you get

A package per the bank’s list

We collect documents exactly per İşbank’s list for your case: a Turkish company, a branch or a liaison office of a foreign legal entity.

Legalisation and translation

Consular legalisation for UAE documents, an apostille for Convention countries, translation into Turkish and a notary — in the right order.

A visit with nothing to send later

The signatory arrives with a full set of originals: the meeting goes on signatures, not on hunting for what’s missing.

Fees before opening

We calculate what SWIFT transfers and payments within Turkey will cost under the bank’s published fees — for your volumes.

Status in the client portal

What’s at legalisation, with the translator and at the bank — all visible in the client portal.

Let’s discuss the details

Does your case fit İşbank’s list?

Tell us whether you have a company, branch or liaison office in Turkey — we’ll check the package against the bank’s list and plan the signatory’s visit.

Process

7 steps from the first conversation to the result

Every step is visible in the client portal: what’s happening now and whether we need anything from you.

Steps on your side: 3 of 7

We handle it · 2Needed from you · 3Bank · 1Authority · 1

  1. Who opens the account — a Turkish company, a branch or a liaison office — volumes and payment countries. We check the bank’s document list for your case.

Documents

What to bring to İşbank — per the bank’s list for your case

Lists — from the İşbank website, checked on 18 October 2026. All documents are mandatory; the bank warns that the list does not guarantee opening an account.

Information

Documents

Ready

0 / 11

Documents from abroad — translated into Turkish and certified at the Turkish consulate, or apostilled and translated by a Turkish notary. For a company with no presence in Turkey, we request the list from the bank.

Timing and budget

What makes up the budget

İşbank fees for companies — per the bank’s page, updated on 9 January and 26 August 2026, excluding : indicative as of October 2026, the bank has the final say. Document preparation is costed separately — UAE Ministry of Foreign Affairs, translation and notary.

  • Outgoing SWIFT — online bankingDepends onA transfer up to the equivalent of 10,000 TRY — 745 TRY; above that — 0.7% of the amount, no less than 1,490 and no more than 4,750 TRY. Intermediary bank charges on OUR transfers are extra.WhenPer transaction
  • Outgoing SWIFT — branchDepends onUp to 10,000 TRY — 2,170 TRY; above that — 0.7% of the amount, from 3,270 to 14,390 TRY.WhenPer transaction
  • Incoming SWIFTDepends onUp to 12,000 TRY — 855 TRY; above that — 0.5% of the amount, from 1,365 to 6,500 TRY.WhenPer transaction
  • EFT within Turkey — onlineDepends on7.97 TRY up to 8,300 TRY, 15.96 TRY up to 399,000 TRY, 199.41 TRY above that. In-bank transfers online — from 3.99 TRY.WhenPer transaction
  • Consular legalisationDepends onThe UAE Ministry of Foreign Affairs charges AED 2,000 for each commercial document: the licence, articles of association, board resolution, power of attorney from the company. The Turkish consular fee follows the consulate’s tariff.WhenBefore applying
  • Sworn translation and notaryDepends onTranslation — 500–1,200 TRY for a short document, usually from English; notary — 1,000–3,000 TRY for a simple translated document, excluding VAT. Lengthy corporate documents are priced separately.WhenBefore applying
  • Our supportDepends onA package per the bank’s list, legalisation and translation, preparing the visit. We quote the cost after reviewing your case — as a separate line in the proposal.WhenAt the start of work

Getting it right

Common mistakes — and how to avoid them

Click a card to see how to do it right · 0 of 6 open

  1. 01 What people often do

    Submitting UAE company documents to İşbank with an apostille.

  2. 02 What people often do

    Bringing plain copies of the representatives’ passports to the bank.

  3. 03 What people often do

    Signing the English version of the contract and treating it as the main one.

  4. 04 What people often do

    Planning a large payment abroad through online banking.

  5. 05 What people often do

    Treating a complete package as a guarantee of opening.

  6. 06 What people often do

    Forgetting the shareholders’ passports when opening an account for a branch.

FAQ

Expert answers

Elizaveta Germash — Bank accounts

In our experience, no: the signatory comes to the bank. Whether the bank will accept a representative under a power of attorney, we check for your case. If travelling is definitely not an option, we look at Emlak Katılım — there a representative opens the account.

Elizaveta Germash · Bank accounts

Sources

  1. İşbank — how to open a commercial account
  2. İşbank — product and service fees
  3. İşbank — transaction limits and hours (TCMB rule from USD 50,000)
  4. İşbank — our history
  5. İşbank — shareholding structure

Deadlines, amounts and rules are based on these sources as of the check date. Rules change: check with us before deciding.

Often goes with this

What else you may need

Bank Accounts

Emlak Katılım

If you can’t travel: an account by power of attorney, six currencies, including AED and CNY.

Bank Accounts

Ziraat Bankası

A state-owned bank with no limits and a personal manager — also with a signatory visit.

Company Registration

Turkey

A company in Turkey — Ltd. Şti., A.Ş. or a branch: İşbank publishes document lists for these.

Next step

An İşbank account — which documents to take to the bank?

Tell us whether you have a company, branch or liaison office in Turkey and which payments will go through the account. We’ll assemble the package per the bank’s list, arrange legalisation and translation, and prepare the signatory’s visit.

Elizaveta GermashElizaveta GermashLawyer · Bank accounts
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