RelocationTR · Turkey
Banking and compliance support for Turkish companies
RelocationTR coordinates a company's banking file with its owners, activity, contracts and accounting records. New-account onboarding, a source-of-funds enquiry and an account restriction are different tasks. Begin with the exact question and a coherent document trail. The bank makes account and transaction decisions; the support scope is preparation and coordination of the agreed response.
Discuss the scopeSeparate the banking tasks
Onboarding describes intended activity. An enquiry after opening may focus on an operation. A restriction requires identifying the reason and response process. Do not treat these as one task with one guaranteed completion date.
Initial information
State the bank, exact request, date and response deadline, operation, ownership and documents already provided. For onboarding, describe countries, currencies, expected payments and the operating model. A concise chronology is more useful than an unrelated archive.
Building a coherent file
Connect the activity to contracts, invoices, delivery, payments and accounting. Explain each party's role and the relevant source of funds. Select supporting documents for the actual history rather than using a universal checklist as a substitute for the bank's question.
Cross-border activity and enhanced review
Owners, counterparties, substance and payment geography shape the discussion. A Turkey–Kazakhstan or Turkey–UAE structure, or Russian involvement, requires assessment of the actual operation and applicable restrictions. Another jurisdiction alone does not guarantee a payment route.
Sequence, fees and timing
Record the request and deadline, map available evidence, identify gaps, prepare a consistent file and agree who communicates. The scope depends on owners, transactions, records and the stage of the enquiry. Preparation time and the bank's consideration time are separate. Agree how additional questions are handled.
Mistakes to avoid
Contradictory explanations, naming a contract without showing its commercial context, missing deadlines, or giving a banking explanation that does not match accounting. Assign responsibility for the chronology and consistency of records.
Frequently asked questions
- Can RelocationTR help with a bank's source-of-funds enquiry?
- Describe the exact request and deadline. The support scope can coordinate the document trail with contracts, ownership and accounting records.
- Is bank approval guaranteed?
- No. The bank decides whether to open an account, process an operation or lift a restriction. The engagement defines document and communication work.
Further reading
- Opening a Turkish company: a foreign founder document checklist
- Turkish bank source-of-funds request: how to build a transaction response
- KYC and EDD for a Turkish company: how to maintain the bank file
- Restricted Turkish company account: identify the basis first
- Changing a Turkish company director or signatory: bank-file checks
- Turkish IT company with foreign clients: contracts, invoices, banking and VAT
- Exporting goods from Turkey: align contract, invoice, customs and payment
Primary sources
These official materials were consulted for the general rules discussed on this page. Rates, special incentives and application-specific criteria require a separate review at the time of the enquiry. Sources consulted on 30 September 2026.