In February 2015 The Royal Bank of Scotland announced changes to our business which will see RBS become a more focused bank that is sustainable in the long-term. At the same time we said we will re-focus our transaction banking services offering on our home market capabilities in the UK and Ireland.
This means RBS is no longer providing global transaction services, including bank accounts, payments, electronic banking, cash management services (together “GTS Arrangements”) outside of the United Kingdom and Ireland or from the GTS International Platform in the United Kingdom and Ireland (1).
In this context we have undertaken an extensive client communication process to facilitate the closure of our international network.
RBS Turkey branch has entered into liquidation in accordance with Article 20 of the Banking Law No. 5411 related to voluntary liquidation with RBS’s decision based on the permission of Banking Regulatory and Supervisory Board dated 11.05.2017 and numbered 7326 The liquidation is registered with the Istanbul Trade Registry on 22.05.2017.