How to Open a Bank Account as a Non-Resident?

Most countries permit non-resident people to create a bank account on their territory as long as they provide the required papers to confirm their identity, address, and the legitimate purpose behind the account. Tekce Visa assists you in gathering all documents needed to open a bank account in Spain, Portugal, and Turkey.

What do I Need to Open a Bank Account?

First, whether you apply for opening a bank account online or in person, you will need to have a government-issued ID and a passport as well as your personal information, such as a social security number. If you want to create a checking account, a savings account, or both, you will be asked for pretty much the same information.

The quality of the banks’ services, all the required paperwork they want, and their language scale are just a few of the many crucial aspects to consider during this process. Especially if you need an account to start a business or buy a home abroad, it is quite convenient for you to do your transactions with an expert who is familiar with these.

What are the Advantages of Opening a Non-Resident Bank Account?

By opening a bank account, you can transfer money internationally, make payments, and take advantage of ATM services after getting a card. You have 24/7 access to the accounts through internet banking, regardless of location or time zone. It gives you the most flexibility in terms of account use.

Of course, some costs and commissions are associated with the transactions you will make, which vary by bank. Some banks may charge a little bit more than others depending on their services, while some let you open a bank account with no deposit required. At this point, we assist you in selecting the one that will benefit you the most.

In addition, the banks in the countries we service have very high account security and quality standards. Along with these benefits, having a direct line of communication with your bank is quite comforting in these locations, especially if you want to visit or buy a property. Most banks engaging with non-residents assign personal managers to their customers to oversee any concerns that arise.

Moreover, if the country where you live is not financially or economically stable, holding money in a foreign bank enables you to minimize the risk of inflation, devaluation, and other financial risks.

What Do We Offer?

Tekce Visa picks the finest bank and handles all requirements for opening a bank account for you, including document collection. Most essential, our experts communicate with you in your native tongue. This is a vital aspect because it allows you to ask questions and receive complete information about the transactions.

To learn more about the process of opening an account, you can get in touch with our experts anytime.

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