Currency & Banking

Currency of Turkey, how to use your credit cards in Istanbul, and how to exchange money in İstanbul. Everything you need to know about Currency & Banking in İstanbul! Read More

Don’t get lost on the internet, here you can find the latest and the most reliable source for your financial question about Istanbul. Here is all the necessary information about exchange offices in Istanbul, opening a bank account in Istanbul as a foreigner, credit cards accepted in Turkey, and many more.

Currency

The Turkish economy, which is seen among the world's newly industrialized countries, has been defined as an emerging market economy by the International Monetary Fund (IMF). Turkey is the country with the 20th largest economy in the world by nominal GDP and the 11th largest economy in the world by PPP GDP. The Turkish lira (TL; ₺; TRY) is the official currency used in the Republic of Turkey and the Turkish Republic of Northern Cyprus. The printing activity of the Turkish lira is carried out by the Central Bank of the Republic of Turkey.

Exchange Offices

The most important things to do before exploring Istanbul will be to find out the accommodation and currency exchange offices to convert your currency into the Turkish Lira. Istanbul is the most populous city in Turkey, but it is also the focus of tourists from all over the world.

Credit Cards

Do you want to visit Istanbul but don't know what road you should take economically? Then, while we talk about the credit cards you can use in Turkey, let us inform you about the bank and credit card procedures at work, especially in Istanbul.

Money Matters

Welcome to Istanbul! This city, famous for its cultural, historical, and aesthetic structures, is renowned for hosting many different states for centuries. In addition to being the most crowded city in the country, you can enjoy your trip without straining your budget in Istanbul, which has a service for every budget! Because or another saying: money matters. Get ready for a travel experience that you will never forget for the rest of your life.

Banks & Atms

The first financial operations in turkey began in istanbul in the early 1800s, with so-called money-changers and galata bankers. all banking operations were carried out by these money-changers during the period, and the galata bankers were mainly from istanbul’s ethnic minorities.