Garanti Bank BBVA ‘s second – largest private bank in Turkey with a capital of more than US $ 104 . The bank offers many services to foreigners and Turks.
The bank is distinguished by its many services, in addition to the availability of its branches and ATMs everywhere, with a seamless application of use on the mobile phone.
About Garanti Bank
Garanti Bank serves about 12 million customers in Turkey, and has about 950 local branches and an estimated 3,500 ATMs nationwide.
The bank’s services vary between payment systems, retail, commercial services, companies, small and medium companies, and private and investment banking services.
Granty Bank has been operating in Turkey continuously from June 1946 until now and it plays an important role in the Turkish banking sector.
Services provided by the Turkish Garanti Bank
Garanti Bank offers many distinctive services from various banking services, most notably:
- Credit loans
- Pay bills online
- Conducting Swift Code transfers outside Turkey
- Transferring funds within Turkey to other banks.
- Transfer funds within Turkey to Granty Bank accounts at the same moment.
- Issuance of credit cards
- Foreign currency exchange
- Western Union transfers inside and outside Turkey
- Issuance of prepaid cards and debit cards.
- Investing in the stock exchange
- Insurance products
- Investing in gold
- Safe deposit boxes
- Investing in mutual funds
- Pay taxes and fees
Garanti Bank branches outside Turkey
Turkish Granti Bank has many branches outside Turkey, most of them are in the Turkish Republic of Northern Cyprus, and Romania.
The bank also has a branch on the island of Malta. And representative offices in Germany and Switzerland.
Swift Code Garanti Bank
To make international transfers to an account in a Garanti bank, you can use the swift bank code: TGBATRIS
Money transfer in Turkey
Wise is one of the best ways to transfer money in Turkey easily, quickly and safely, as it is characterized by its lower transfer fees than Western Union and banks.
- Wise is completely secure for all types of transfers.
- You can send money outside of Turkey about eight times cheaper than with traditional methods.
- Transfer fees are straightforward, and there are no hidden Fees.
- The conversion process is done easily on the Internet.
- The funds are automatically transferred to the recipient’s bank account.
- Wise has around 750 different currencies to transfer, including the Turkish Lira, US Dollar, Euro, British Pound, and Egyptian Pound.
You can transfer via Wise directly online and easier than Western Union and banks by clicking here.
Download the Garanti Bank app
You can conduct all your banking transactions, by visiting the nearest branch to you of the Granty Bank, and you can also visit the bank’s website by clicking here , and you can also download the application, which supports English and Turkish languages, for the Android system and for the İOS system .
Garanti Bank credit rating 2020
|Fitch (1 September 2020)|
|IDR long term||B + / negative view|
|Short term IDR||B|
|TL IDR is long term||BB- / Negative outlook|
|TL IDR is short range||B|
|Feasibility assessment||B +|
|National Long Term Ranking||AA (Tor)|
|Long-term national ranking prospects||stable|
|Long term notes are not guaranteed||B +|
|Short term notes are not guaranteed||B|
|Moody’s (10 December 2020)|
|Long-term deposits in foreign currencies||B2|
|Long-term TL deposit||B2|
|TL deposit is short term||Not – the prime minister|
|Short-term deposits in foreign currency||Not – the prime minister|
|Primary Credit Appraisal – BCA||B 3|
|BCA rate||B 3|
|Unsecured First Classification (Ordinary Bonds)||B2 (negative)|
|Unsecured First Classification (Medium Term Feedback Program)||(P) B2|
|National classification (NSR) long-term deposits||A1.tr|
|NSR in the short term||TR-1|
Ratings for JCR Eurasia:
|JCR classification Eurasia ( August 26, 2020 )|
|Long-term international FC||BBB- (negative)|
|Long term international TL||BBB (negative)|
|National long-term||AAA (Trk) (stable)|
|Short-range international football||A-3 (negative)|
|Short term international TL||A-3 (negative)|
|Short-term national||A-1 + (Trk) (fixed)|
What are the services provided by the Turkish Garanti Bank?
Granti Bank offers many useful services, the most important of which are savings accounts, debit and credit cards, in addition to investing in gold, and receiving Western Union transfers from outside Turkey.
Is it possible to make a Western Union transfer from Garanti Bank?
Yes, you can make a Western Union transfer easily through the bank app or by visiting the nearest branch to you.
How do I receive a Western Union transfer from Garanti Bank?
Go to the nearest bank branch with your MTCN number and proof of identity, and you can get the transfer in minutes.