Are the banks obligated to accept the money which I deposit in Turkiye?

In simple terms, banks are not obligated to accept the money from any natural person or legal person in Turkiye. As legal merchants banks are free to choose their customers. Besides there are strict regulations which are put into force by Board of Investigating Financial Crimes of Turkiye (BIFC), banks check and monitor the money which is wanted to be deposit or transferred by someone even if it is a legal entity or not. If it is considered as an illegal entity or as a subject of money laundering or financial crime, it will not be accepted as a legal deposit or participation deposit. There are also international institutions and regulations that obligate the banks for monitoring the money whether it is legal or not.

However as legal personalities banks have their own inherent rules about accepting deposits and people are free to negotiate with other banks about depositing their money.

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