Policies and Compliance



Banks are subject to various obligations under FATCA and CRS, which are known as international regulations in the field of taxation. These obligations, which apply to all banks, have become internal legislation within the framework of international agreements and regulations made by the Ministry of Treasury and Finance.


FATCA and CRS regulations impose various obligations on both bank customers and banks. For customers, these obligations can be summarized as declaration of tax residency and providing additional information and documents when necessary. Banks, on the other hand, have the obligation to classify their customers in terms of their tax residency and to report their customers with foreign tax residency as specified by the legislation.


While detailed explanations on FATCA and CRS are available on the website of the Ministry of Treasury and Finance, the following summary information has been prepared for you on the meaning and scope of these practices.


About Fatca and CRS




Laundering proceeds of crime, financing of terrorism, proliferation of weapons of mass destruction, bribery and corruption are among the main threats that have devastating effects on economies and society and must be combated in the financial sector, especially in banking. In this context, Destekbank considers the direct or indirect use of its products and services to carry out such activities as one of the most fundamental risk areas for its corporate existence. Within the framework of legal regulations and international best practices, the Bank manages the fight against such activities with a risk-based approach within the scope of a compliance program. In the document you can access from the link below, you will find the principles of our Bank's compliance policy.


Destekbank Compliance Policy

Destekbank Wolfsberg CBDDQ

Destekbank W-8-Ben-E