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Established in 1991, The Vakif Bank New York Branch offers financial services to the Turkish community living in the United States of America.
Vakif Bank New York Branch offers a fast and convenient routes for the Turkish family to transfer funds and helps Turkish companies in the US to meet their financial needs.
Sevices Vakif Bank New York Branch provides
The vakifbank USA services have been developing and diversifying amid the rising Turkish population and its financial needs. Vakif Bank U.S branch has become a leader in banking among Turkey and the United States.
Vakif Bank in New York offers the following services:
Commercial accounts (The bank doesn’t offer personal accounts)
Transfer Cash from the U.S to Turkey (There is some limitations)
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Domistic Transfer in the U.S
Internet Banking
Checks
Commercial Loans and line of credit
letters of credit
International Money Transfer Through Vakif Bank New York Branch
If you are sending a transfer via cash or with ‘US Postal Money Order’ to Turkey, you can send up to $2,500.00 at a time.
The bank would request income documentation if the overall value of the transfer is greater than $15,000.00 in a one-year term.
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The restrictions set out above are not applicable if you will be making a transfer through a Cashier’s check.
Opening a business account in Vakif Bank New York Branch
You will need the flowing documents if you want to open an account in the bank in case you are Limited Liability Company:
Application form
Signature Card
Articles of Organization
Operating Agreement
Business Tax ID Number
Valid picture ID copies of shareholders and authorized persons
Last 3 months of bank statements
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In case of Corporation you will need the following:
Application Form
Signature Card
Articles of Incorporation or Certificate of Incorporation
By-Laws
Business Tax ID Number
Valid picture ID copies of shareholders and authorized persons
Last 3 months of bank statements
SWIFT code for Vakif Bank New York Branch
To make international transfers to an account in Vakif Bank New York Branch, you can use the bank’s Swift code, which is: TVBAUS33
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And the Routing (ABA) Number is: 026012713
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 advantages
- 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.
Important Notices About The bank
Although Vakif Bnak in New york is technically a branch of the main bank in Turkey it has some limitations.
There is no personal accounts in the bank
You can’t acess your information in the New York branch through any Vakif bank in Turkey.
If you have an account in Vakif Bank in Turkey you can’t access this account information through the New York branch.
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Deposits at VakıfBank New York Branch are not FDIC (Federal Deposit Insurance Corporation) insured.
You can’t Pay your Turkish Card debt through the bank directly, it can only be done by wire transfer subjected to a remittance fee.
You can’t Buy Turkish government Bonds through New York branch.
Vakif Bank In New York Working Hours
The Bank Operates every day during the week except on Saturday, Sunday and public holidays.
The Working Hours for the Bank starts from 09:00 AM until 05:00 PM
Contacting Vakif Bank in America
You may contact the bank branch in New York with the following contact infomration:
You can visit the official website of the bank by Clicking Here.
Address: 1177 Avenue of Americas, 36th Floor New York, NY 10036
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Telephone Number: (212) 621 – 9400
Fax Number: (212) 707 – 8745
The Location of the Bank on Google Maps
Can i open a personal bank account in Vakif Bank New york
No, You can’t. the bank only offers commercial accounts.
Can i make money transfer to Turkey through Vakif Bank In new york
Yes, You can. the bank offers to transfer money to Turkey and you can learn more about the limits of transfer through our article.
Are deposits at Vakif bank New York branch FDIC insured
No, The deposits at Vakif Bank in New York are not FDIC insured.
