TURKISH BANK (UK) LIMITED

Reference number: 204566

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

Company details

From the company's Companies House record.

Company number
02643004
Company status
Active
Company type
Private limited company
Incorporated
4 September 1991 (34 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Banks (SIC 64191)

Current directors and secretaries

Name Role Born Appointed
Ibrahim Hakan Bortecene Director Jan 1958 21 Feb 1995
Murat Arig Director Jul 1960 18 Apr 2013
Gregory David Gould Director May 1969 1 Jan 2025
Jonathan David Moore Director Jul 1973 2 May 2025
Alexander Ewan Stirling Director Sep 1964 6 Nov 2025
Brian Francis Monaghan Director Apr 1968 29 Jan 2026
Richard John Doe Director Oct 1963 8 Apr 2026
Kurt Bortecene Director Jul 1992 8 Apr 2026
Paul Richard Hunt Secretary Not published 6 Jun 2025

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Hold or safeguard your money FSCS may apply
    Eligible deposits are typically protected by the FSCS up to £120,000 per person, per banking group.
  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Advise on or arrange mortgages FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.

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Show FCA detail (7 permissions)
  • Accepting Deposits
  • Administering a regulated mortgage contract
  • Advising on regulated mortgage contracts
  • Dealing in investments as principal
  • Entering into a regulated mortgage contract as lender
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

Action taken against them

1 fine in 2012, £294,000 in total. This is part of the official register record and is worth reviewing before going ahead.

  • Fined £294,000 on 2 August 2012
    The Financial Services Authority (the 'FSA') has imposed a financial penalty of £294,000 on Turkish Bank (UK) Ltd. The FSA's action took effect on 26 July 2012 and a copy of the Decision Notice, which sets out the reason for the action, is displayed on the FSA's web site and can be accessed using the following link: http://www.fsa.gov.uk/static/pubs/final/turkish-bank.pdf The reason for this action is that the firm breached the Money Laundering Regulations by failing to establish and maintain appropriate and risk-sensitive AML policies and procedures for its correspondent banking relationships. As a result the firm failed to carry out adequate due diligence on and ongoing monitoring of the respondent banks it dealt with and failing to reconsider these relationships when this was not possible.

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Common questions

Frequently asked questions

Is TURKISH BANK (UK) LIMITED FCA authorised?
Yes, TURKISH BANK (UK) LIMITED (FRN 204566) is authorised by the FCA to carry out regulated activities.
Is my money safe with TURKISH BANK (UK)?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about TURKISH BANK (UK) to the Financial Ombudsman Service, free of charge.
Is TURKISH BANK (UK) a scam or clone?
TURKISH BANK (UK) is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is TURKISH BANK (UK)'s Firm Reference Number (FRN)?
TURKISH BANK (UK)'s FRN is 204566. You can verify it on the FCA register.