james fowler
Retired to Yalikavak
Banking advice please
Hi All
I know there are many threads about banking but I have been unable to find one which answers my questions precisely so I would be gratefull if anyone could clarify the following
1 I have heard that the banks/government will only guarantee up to 35,000 lira should a bank collapse is this true. As we are hoping to retire to Yalikavak in 2 years we will probably go over this limit at some stage as I am trying to save for our future.
2 We currently have our money with Garanti bank with a sterling account, lira account, & a 30 day savings account all 3 are in our joint names & my question is can we also open individual savings accounts to stay below the 35000 limit or do we need individual lira & sterling accounts to go with them. Alternatively would you reccomend we open new accounts with a different bank.
any answers will be gratefully received
Thanks in advance James
I know there are many threads about banking but I have been unable to find one which answers my questions precisely so I would be gratefull if anyone could clarify the following
1 I have heard that the banks/government will only guarantee up to 35,000 lira should a bank collapse is this true. As we are hoping to retire to Yalikavak in 2 years we will probably go over this limit at some stage as I am trying to save for our future.
2 We currently have our money with Garanti bank with a sterling account, lira account, & a 30 day savings account all 3 are in our joint names & my question is can we also open individual savings accounts to stay below the 35000 limit or do we need individual lira & sterling accounts to go with them. Alternatively would you reccomend we open new accounts with a different bank.
any answers will be gratefully received
Thanks in advance James
