Turkish Bank or Northern Cyprus bank

[james David]

Dear All,
We are seeking for a lawyer to help us to open individual and corporate account in Turkey or Northern Cyprus.
For non-resident only

 

[negon]

Do you have the budget to pay a good lawyer? If so contact these guys Practice Areas - Akkas & Associates Turkish Law Firm good but expensive!

 

[UScorp]

You can contact Cyprus Consulting | Cyprus Accounting as well. Not cheap but good

 

[Toly]

Anybody ever had any experience with Euro Deniz IBU bank (Northern Cyprus)?

 

[OTR365]

No real experience, but I've walked to EuroDeniz office, and kept walking. Many of these IBUs are bucket shops and look the part. Then again, if you need to do something that is too difficult to do elsewhere, why not? Just recognize what you are dealing with.

If you are an EU citizen, just take a flight to Larnaca, then a Kapnos shuttle bus to Nicosia, and walk to the North via Ledra st. crossing point. EuroDeniz, Fortressbank etc. are not far away. You could cover several IBUs in one day.

 

[Joe Blasco]

it is very difficult nowdays to open a bank acount to all these " Northern Cyprus " banks especially in Nicosia, they all require a residency and / or a northern cyprus company . Now who on earth wants to spend time to get rejected by some "banks" operating in an unrecognized territory , it s a mystery to me or the nerve of the local Turks who are rejecting clients thinking they are UBS in Zurich, if somebody is so desperate for banking what next , maybe try Trasnistria ? 😛

 

[CaLViN]

Northern Cyprus or Turkish Banks are not a good option for whom are looking for offshore banking.As those countries are not in offshore zones.There is nothing different than germany , uk or usa.

 

[OTR365]

Only Turkey recognizes Northern Cyprus. Hence, even if N.C. wanted to join AEOI, CRS or other treaty, they wouldn't be able to. They are isolated, so their main benefit is privacy. Some years ago many of these IBUs were forced to close due to money laundering. Nowadays they adhere to KYC & AML at least outwardly.

I would use Northern Cyprus IBUs only if I was a fugitive, or wanted to buy N.C. real estate with dirty money. These accounts and companies are inferior compared to standard offshore stuff.

Last edited: Dec 11, 2019

 

[Toly]

Thanks for your input. They (Euro Deniz) are spamming that is a bad sign.

 

[Sols]

The spam you are receiving is not from Deniz Bank IBU. See this thread: Is Euro Deniz IBU Bank legit?

Toggle signature
This is the probably the answer to your question.

 

[rey skywalker]

at the moment i have account with eurodeniz and fortress bank , so far soo good but eurodeniz is more professional and faster correspondent bank , fortress as an account in azerbajan that is very slow, eurodeniz has more option eu , dubai , africa

 

[Joe Blasco]

rey skywalker said:
at the moment i have account with eurodeniz and fortress bank , so far soo good but eurodeniz is more professional and faster correspondent bank , fortress as an account in azerbajan that is very slow, eurodeniz has more option eu , dubai , africa
Click to expand...

in eurodeniz do you have internet banking or debit card ?