Which North Cyprus Bank?

McSteviet



Joined: 11/05/2007
Posts: 1089

Message Posted:
27/09/2008 23:52

We are coming over next week and we need to set up a bank account, so that we can pay Direct Debits etc.



Which banks are the best in your opinion? We will be in Lapta. Or do we need to go to Girne?



Thanks in advance.



MC

brian24001


Joined: 23/03/2008
Posts: 606

Message Posted:
28/09/2008 07:45

Steve,

I can from experience recommend you bank quite locally, long way onto town from Lapta. The Turk Bankasi in Alsancak, opposite the Golden Lady statue is good, and Gemma Carter, the English customer rep in there even posts on the BB's when the bank is closed for holidays, and she will happily give you her mobile number for contact. Only drawback I have found is you can't (or I haven't found a way yet) to change the cash point to English.

IsBank on the main road out of Ky is also very good though busier.

As for DD's, (I beleive you can only actully do standing orders in NC) be very careful. There was a person on one of the BB'a a while back inadvertently had about £2,000 taken for electric bill. They spoke to Kibtec who said they could not refund, just put them in credit.

You can pay your bills at the Turk Bankasi, mobile, water (Alsancak only I think) and electric.

Cheers

Brian

newscoop


Joined: 23/12/2007
Posts: 2197

Message Posted:
29/09/2008 10:28

creditwest Karaoglanoglu, all staff speak excellent English. Direct debits for everything bar Lapta water, very good for insurance products. Lots of happy Brit customers. Worth checking out.

not2sure


Joined: 15/07/2008
Posts: 79

Message Posted:
29/09/2008 13:33

Turk Bank Alsancak next to Mr Charles Estate Agents is a good bet Steve

McSteviet



Joined: 11/05/2007
Posts: 1089

Message Posted:
29/09/2008 14:00

H,



Thanks. Will see you later in the week.



MC

CreditwestRep


Joined: 04/11/2008
Posts: 214

Message Posted:
05/11/2008 01:02

Creditwest Bank have to branches at Karaoğlanoğlu and Çatalkoöy which cater to Ex Pats and where everyone speaks English, feel free to call in or ask me any questions you may have via this forum.

witchfinder



Joined: 10/04/2008
Posts: 155

Message Posted:
05/11/2008 02:14

Although you have to Q for a long time sometimes the HSBC in Girne does allow you to have an internet access which could be useful if your not always in the TRNC, perhaps open one there and one in another where you can transfer into, as I do not think the HSBC will do a DD for water bills but I may be wrong.

CreditwestRep


Joined: 04/11/2008
Posts: 214

Message Posted:
05/11/2008 11:34

You can arrange to have all your bills paid from your account at Creditwest Bank automatically just call into one of our ex pat branches at Karaoğlanoğlu or Çatalköy and they will give you information on how this is done. Our Savings interest rates are very competitive, dont forget to enquire about those as well.

snakes



Joined: 28/10/2008
Posts: 1512

Message Posted:
05/11/2008 11:41

Hi CreditwestRep



When I look on the Creditwest web site and go into the savings interest page, it does not show any rates? Why is this please as I am sure they have been shown in past weeks. Thanks.

CreditwestRep


Joined: 04/11/2008
Posts: 214

Message Posted:
05/11/2008 14:26

Hi Snakes,



You are correct they are being revised as we speak and will be posted soon, if you would like a quote email me on pazarlama@creditwestbank.com with your amount and I will get the best rate for you.



Regards,

CreditwestRep.

snakes



Joined: 28/10/2008
Posts: 1512

Message Posted:
05/11/2008 18:43

hello again !! thank you for your offer ! would it be best to make an appointment to see you for advise when we visit between 19th and 26th november ????

laptagal


Joined: 28/05/2008
Posts: 549

Message Posted:
05/11/2008 18:47

Hi CreditwestRep, I have emaied you off board to take up your offer to give advice.

CreditwestRep


Joined: 04/11/2008
Posts: 214

Message Posted:
06/11/2008 00:51

Hi laptagal,



Will get back to you as soon as possible.

CreditwestRep


Joined: 04/11/2008
Posts: 214

Message Posted:
06/11/2008 00:52

Hi Snakes,



Would be a pleasure to meet you during your visit, please email me so we can arrange a date, time and place.

snakes



Joined: 28/10/2008
Posts: 1512

Message Posted:
06/11/2008 11:58

thanks !! are you based i girne ?

we would prefer to open accounts there as we are going to live just outside

cheers

Barry

CreditwestRep


Joined: 04/11/2008
Posts: 214

Message Posted:
06/11/2008 14:33

Yes snakes we have 3 branches in Girne one in the center, one at Karaoğlanoğlu (Expats) and one in Çatalköy (Expats), for an interest rate if you can email me with your amount then I can get the best rate for you, dont want to go public on amounts and rates, we feel this information is confidential to each customer.

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
06/11/2008 15:38

Steve,



Depending on how much money you are going to deposit you should consider factors such as described above re location and service and also... safety.



In these uncertain times TRNC banks may not be the safest of baskets within which to put all your eggs.



They do offer the highest interest rates on YTL accounts but that may be an indicator of their exposure to risk...



We do use the Iktisat Bank for many banking products and insurance and they have never let us down but we still would not put all our money in there.

snakes



Joined: 28/10/2008
Posts: 1512

Message Posted:
06/11/2008 18:02

hello creditwestrep !

i have e mailed you some details of what we are looking for to begin with

look forward to your reply

thanks

joseph


Joined: 17/04/2008
Posts: 709

Message Posted:
06/11/2008 21:59

Hi Creditwestrep, I too will be out early November 12-20th and wouldn't mind a chat with you re banking issues. I will be staying at Altinkaya in Girne and would be more than happy to meet up, regards Joseph

CreditwestRep


Joined: 04/11/2008
Posts: 214

Message Posted:
06/11/2008 22:24

joseph could you please email me on pazarlama@creditwestbank.com so that we can arrange to meet next week.

joseph


Joined: 17/04/2008
Posts: 709

Message Posted:
08/11/2008 00:01

Hi CWRep, have emailed you details of our stay, regards Joseph

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
08/11/2008 14:41

high interest is no good when you consider the fluctuations of the ytl and also the risk of banking in the trnc.

deecyprus4


Joined: 27/07/2008
Posts: 3452

Message Posted:
08/11/2008 16:12

oh like it safe in the rest of the world