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GÜNEŞ & GÜNEŞ LAW FIRM · P08-030

Power of attorney for bank transactions

Full sample text, explanations of the authorities and preparation for the transaction.

Banking, credit and security · Full sample text

SHORT ANSWER

What is this sample used for?

Power of attorney for bank transactions: full sample text, explanations of the authorities mentioned in the text and a checklist for preparation before the transaction. The authority to be granted depends on the transaction to be carried out and on the situation of the person represented.

Clarify the scope before the transaction

Subject of this page

Power of attorney for bank transactions.

Wording explained in the source text: collection and receipt, settlement, waiver, release (ibra), sale and transfer, application and signature.

Also assess

The person to be authorised, the transaction, the amount, the term and any limits should be specified. Granting every authority in the text may not be necessary for every transaction.

The notarial or consular form and the document requirements of the institution concerned must also be confirmed.

GÜNEŞ & GÜNEŞLAW FIRM · POWER OF ATTORNEY SAMPLES

P08-030 · ENGLISH TRANSLATION OF THE FULL SOURCE TEXT

Power of attorney for bank transactions

Attorney details

Attorney Umut Güneş

Bar and registration
Antalya Bar Association · 1447
Turkish ID no.
30802000496
Tax office / no.
Üçkapılar Tax Office · 4340145617
Address
Bahçelievler Mah. Konyaaltı Cad. Yalı Apt. No:66/8 Kat:4 Muratpaşa / ANTALYA

When a power of attorney is drawn up, the attorney details above are used; the authorities to be granted are determined for the specific transaction.

This is an English translation of the Turkish sample text, provided for information only. A power of attorney to be used in Türkiye is executed in Turkish: the Turkish original (PDF or Word) is the text to take to the notary or consulate, and the translation does not replace it.

Sample authority text (English translation)

Within the borders of the Republic of Türkiye, at all official, semi-official, private, national and foreign banks and financial institutions that currently exist and will exist hereafter, by applying to all their branches, TO OPEN NEW ACCOUNTS on my behalf, to sign the account opening agreements and other documents required for opening accounts, to withdraw money at any time and in any amount from the accounts so opened and from all my accounts of whatever name, whether already opened or to be opened hereafter, including TL, FOREIGN CURRENCY and investment accounts, portfolio management accounts, commercial accounts, term and demand accounts, to deposit money into these accounts, to request an overdraft account linked to any of my accounts, to determine the credit limit as he/she wishes, to increase it, to decrease it, to demand, to collect and to receive, to settle and to release, to request all agreements, account summaries, statements, receipts and all kinds of information and documents produced by means of a durable data medium relating to all my rights and receivables, transactions, accounts and all kinds of my debts at banks and financial institutions, to take delivery of them in whatever manner he/she wishes by the means the bank makes available, to change and to update my personal information in the bank records, such as address, telephone and e-mail, by the means the bank makes available, and in connection with all these transactions to draw up all kinds of agreements,

undertakings, instructions and other documents, to negotiate, to sign, to make TL, FOREIGN CURRENCY,

ELECTRONIC FUNDS TRANSFERS (EFT), to dispose electronically as he/she wishes, to obtain electronic passwords, to obtain receipts, to make transfers between all my accounts, to make remittances from all my accounts, to obtain information about the accounts, to draw up and sign declarations, forms, undertakings and all papers and documents of whatever name, to check the accounts, to have all existing accounts and those to be opened hereafter closed, to have them reopened, where necessary to extend their maturities, to demand, to collect and to receive, to settle and to release the principal and interest of term accounts both at maturity and on condition of breaking the maturity date, where necessary to waive their interest, to take delivery of passbooks, to operate passbooks, to give releases for their reissue if the passbooks are lost, to sign the necessary papers and documents at notary offices and with the relevant authorities, to obtain account summaries, statements and printouts, and likewise, from the branches of all banks and financial institutions within the borders of the Republic of Türkiye and from the tellers of all other private and legal institutions and organizations, to receive the remittances that have arrived and will arrive by post, through customs and by other means in TL, FOREIGN CURRENCY and ELECTRONIC FUNDS TRANSFER (EFT), as well as packages, valuable papers, parcels and all goods and the like, to demand, to collect and to receive, to settle and to release, when necessary to send the remittances arriving in TL, FOREIGN CURRENCY and ELECTRONIC FUNDS TRANSFER (EFT), as well as packages, valuable papers, parcels and all goods and the like, to all relevant authorities, persons and organizations, to pursue and conclude their affairs and transactions, to perform and complete them, to sign their papers, to make written and oral applications, to correct errors, and likewise, by applying to the branches of all banks and financial institutions within the borders of the Republic of Türkiye and to the tellers and offices of all other private and legal institutions and organizations, to make applications for obtaining a chequebook, to request it, to take delivery of chequebooks, to sign a cheque undertaking, to draw up and sign the necessary papers, documents and agreements, to correct errors, to receive and hand over papers by hand, to pay fees and expenses, to make written and oral declarations and undertakings, to take delivery by hand, from the relevant private and legal authorities and organizations, of the cheques and promissory notes of which I am the holder and creditor, to sign their papers, to endorse them, to demand, to collect and to receive, to settle and to release the cheque amounts of the cheques of which I am the holder and creditor, including blocked cheques, from the relevant bank and bank branch or from the tellers of all private and legal authorities and organizations, to transfer them to whichever account he/she wishes, to endorse them, to present them, to submit them for clearing, to collect the bank liability amounts, to settle, to waive and to release, when necessary to have them protested, to pursue and conclude the protest procedures, to sign, to obtain receipts, to have errors corrected, and likewise, to demand, to collect and to receive, to settle and to release the debts, loans and receivables to be obtained from all private and legal authorities and organizations within the borders of the Republic of Türkiye, to pursue and conclude the transactions relating to this matter, to sign, to sign warning letters, notices and other papers, to present them, and likewise, by applying to the branches of all banks and financial institutions within the borders of the Republic of Türkiye and to other relevant institutions and organizations, to make debt and loan requests, to sign loan agreements, to demand, to collect and to receive, to settle and to release the loan amounts, to make debt and loan declarations and undertakings, to sign papers and documents, to pay the debt at maturity, when necessary to defer it and to pay it in instalments, to close the debt together with its principal and accessories, to pursue and conclude the affairs and transactions, to sign, and likewise, from the branches of all banks and financial institutions within the borders of the Republic of Türkiye and from brokerage houses, to purchase shares, bonds and treasury bills offered to the public at whatever price and on whatever terms he/she wishes, when necessary to sell them to whomever he/she wishes at whatever price and on whatever terms he/she wishes, to enter into repo transactions, to pay and to receive their prices, to demand, to collect and to receive, to settle and to release, to perform and complete the transactions, to carry out their controls, to carry out and sign the purchase and sale agreements to be drawn up and all kinds of transactions relating to them, and likewise, at the branches of all official, semi-official, private, national and foreign banks and financial institutions within the borders of the Republic of Türkiye that currently exist and will exist hereafter, and of PTT Bank, by applying to all their branches, to request a safe deposit box on my behalf, to rent a safe, to sign the safe deposit box agreement, undertakings and necessary papers, to take delivery of the keys, to use the safe deposit box, to hand the keys over to authorized persons, to pay the rent and deposit amounts, to determine the payment method for these amounts, to be present when the safes that I have rented or will rent are opened, to open the safe deposit box, to take delivery of everything in the safe, namely papers of every kind, money, gold, silver, valuable papers, precious metals and all contents, if he/she wishes to place items in it, to dispose of the safe

contents as he/she wishes, to have the safe deposit box agreements cancelled, to renew them, if he/she loses the safe keys, to request the replacement of the safe lock and take delivery of the new keys, to sign the requests and releases to be given in this regard to the relevant banks and financial institutions, to have all safe deposit boxes that have been and will be opened closed, to collect and receive, to release the banks, to deliver and to take delivery, and likewise, by applying to all branches of all banks and financial institutions within the borders of the Republic of Türkiye, to make all card applications, whether for ATM (bankamatik) cards, credit cards or cards of whatever name, that have been or will be issued, to have them renewed, to take delivery by hand, to have declarations, undertakings and all kinds of papers and documents prepared, to sign, to make written and oral applications, to draw up and sign petitions, in the event of theft or loss of the card to carry out the necessary procedures as well, to have the card cancelled, by applying to all private and official bank branches and private financial institutions within the borders of the Republic of Türkiye, to request a POS machine, to sign all papers and agreements to be drawn up in this regard, to deposit money, on account of the POS machine, into the account to be opened on my

behalf, to withdraw money, to collect and receive, to settle and to release, to sign the receipts, with respect to all kinds of my accounts existing at all official, semi-official, private, national and foreign banks and special financial institutions within the borders of the Republic of Türkiye that currently exist and will exist hereafter, to follow my internet banking transactions, to carry out banking transactions electronically, to request passwords relating to internet banking, to take delivery of the passwords by hand, if he/she wishes to change them, if he/she wishes to request new ones, to draw up and sign all kinds of papers and documents, to pursue and conclude, by signing, all kinds of acts and transactions that must be carried out on account of the matters written above,

The source text has been translated in full. Before using the sample, check the identity, transaction, authority and form requirements.

WORDING IN THE TEXT

What do the authority wordings mean?

This section explains the wording found in the source; it does not add any new authority to the source text.

Collection and receipt

Covers wording on receiving a payment or a receivable. The amount to be received, from whom and by which method should be made clear.

Settlement

Wording on the authority to resolve a dispute by agreement. Whether the matter is open to settlement and the consequences of the agreement should be assessed separately.

Waiver

May be wording on giving up a right, claim or avenue of recourse mentioned in the text. It must be clearly specified what is being given up.

Release (ibra)

May cover statements ending a debt or liability. The person to be released, the subject matter and the amount should be specified.

Sale and transfer

Covers wording on transferring goods or a right to another person. The subject matter, price, buyer and the limits of the transaction should be clarified.

Application and signature

Refers to the authority to apply to the relevant institution or sign documents for the specified transaction. The scope of documents and transactions should not be treated as unlimited.

PREPARATION BY TRANSACTION

Check before the transaction

  1. Prepare the bank or institution, account, loan, receivable or security details.

  2. Identify the debtor, the amount of the transaction and the term; distinguish between your own debt and another person's debt.

  3. Prepare your valid identity document and the attorney-in-fact's details; confirm with the notary office or consulate whether additional documents and photographs are required.

  4. If a foreign notary will be involved, clarify the sample text and the certification/translation route for the country concerned with the firm before the transaction.

Powers of Attorney, Notary, Consular and Apostille Procedures
Further points to check in this text

Authority over passwords and electronic access · Broad scope of authority

These flags prompt you to check the wording of the text; they are not confirmation that the transaction is valid or applicable under current law.

Frequently asked questions

Can I use this text directly?

Assess the details and authorities in the sample against your specific transaction. The form of the notarial or consular act and the current legislation must also be checked separately.

How can I download or print the text?

Use the Print option, or download the Turkish original as a PDF or Word (RTF) file. Only the Turkish original is offered for download, because a power of attorney to be used in Türkiye is executed in Turkish. The RTF file can be edited in Word and compatible word processors.

What should I do if I will act from abroad?

First clarify the transaction and the scope of authority with our firm. Depending on whether you go through a consulate or a foreign notary, determine the preparation of documents, certification and translation.

Official consulate appointment page (opens in a new tab)

Source information

Entry
P08-030 · Index

Import date: 27 September 2026. This date is not a legal update date.

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