Company Formation

What documents does a Turkish bank request for incoming transfers?

It depends on the transaction type. For service payments: invoice and service contract. For capital contributions: trade registry document showing the capital increase. For dividends: general assembly resolution and tax filing. For genuine loans: loan agreement, repayment schedule, and CBRT registration.

Read the full article: Why Turkish Banks Treat Incoming Wire Transfers as Loans — and How to Prevent It →