BANKING: Opening a Bank Account in NC is it easy?

dublinderm


Joined: 26/09/2009
Posts: 538

Message Posted:
22/09/2011 15:20

Hi,



I reluctantly find myself in a position where I may need to open a bank account in NC soon.



Can anyone advise as to the level of difficulty and what kind of paper work will I need to bring along. Also do the banks do Euro or Sterling accounts for non residents.



Thanks in anticipation.



DD

mersin10



Joined: 05/11/2008
Posts: 94

Message Posted:
22/09/2011 16:17

Hi DD.





We bank with creditwest, their ad is at the top of your screen.



I took my passport and a utility bill to open the account.



never any probs, opened the account with sterling.



Mersin10.

dublinderm


Joined: 26/09/2009
Posts: 538

Message Posted:
22/09/2011 16:54

Hi Mersin,



Thanks for the info.



Unfortunately, as a non-resident I will not have a utility bill for my address in TRNC. I suppose I can bring one from home, but I cannot see it as being of much use.



I will give it a go anyway.



DD

flightholiday


Joined: 19/07/2007
Posts: 3217

Message Posted:
22/09/2011 16:58

Dermot Msg 1 - might be easier to organise if you have the "correct banker" in Eire

We use HSBC and bank to bank is good and efficient (once set up) I would prefer to take this off board so feel free to email or Skype me see http://www.flightholiday.co.uk

Pippie


Joined: 02/12/2009
Posts: 1288

Message Posted:
22/09/2011 17:03

Hi Dublinderm,

We opened our first accounts (Sterling, Euro and TL) before we had actually moved out here to live. The bank took the address of the hotel where we were staying for their records! We just needed our passports to open the accounts.

Tonyta


Joined: 11/06/2011
Posts: 122

Message Posted:
22/09/2011 17:07

Hi Dublinderm

I use HSBC and have found them to be very good. They also have an internet facility that can be accessed from anywhere and all your banking needs inc transfers can be done from home.

Their staff in Gurne are most helpful.

karakum5c



Joined: 18/03/2008
Posts: 1021

Message Posted:
22/09/2011 18:01

Remember if you use HSBC they are obliged to hand over all your details to the HRMC tax authorities in the UK, dont know how this works for Irish citizens etc.



If you want to stay off their radar might be better going for a Turkish bank.







The UK tax authorities are gathering all this information dont know how they plan to use it but i am sure it will not be for any nice purpose !

davedee



Joined: 01/12/2008
Posts: 479

Message Posted:
22/09/2011 18:16

Creditwest just passport required,helpful and friendly.

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
22/09/2011 18:31

Limassol Bank only need passport sterling accounts and lira account available so easy.

dublinderm


Joined: 26/09/2009
Posts: 538

Message Posted:
22/09/2011 19:04

Many thanks to all for the useful information.



Re Msg 7: Tax is such a dirty word.





DD

mikey53


Joined: 21/08/2011
Posts: 91

Message Posted:
22/09/2011 19:47

DD, Only ever good for the carpet in the Old days, now there's grippa ... Back to the thread info, are the above mentioned all offering about the same interest rates ??

flightholiday


Joined: 19/07/2007
Posts: 3217

Message Posted:
22/09/2011 20:35

Michael Msg 11 - More important than looking for the highest payer is how secure they are in these times. (Unless you are a gambler in which case invest in a casino.)

MoonageDaydre


Joined: 09/07/2011
Posts: 70

Message Posted:
23/09/2011 02:07

msg 7: Why would the HSBC have to inform the UK authorities?

The HSBC bank in the TRNC is an offshoot of HSBC Turkey, just like Garanti Bank and others mentioned on this site. What makes them different to the rest?