What is First Account?

Secure your children’s future, and encourage them to learn how to save. Start the investments with small regular payments from your income to the First account.

Transfer instructions can be set in place to automatically deposit funds to the first account without paying any commission or other expense.

The amounts you deposit increase cumulatively due to the advantageous interest rates applied to the First account.

You can choose to either make a lump sum investment in your account at the beginning of the agreement or make interim payments throughout the term.

How it works:

First account can be opened in TRY, GBP, EUR or USD

The minimum account opening amount is 5,000 TRY or 100 GBP/100 USD/100 EURO

The monthly investment amount is a minimum of 1,000 TL / 50 GBP / 50 EURO / 50 USD, at least six times within one year.

There is no upper limit on the monthly investment amount.

Customers with regular income such as wages, interest, rent or salary can arrange a standing order for deposits to the account

If the total investment amount is below the determined minimum level at the end of 1 year, the account must be converted to a demand deposit account.

Features of First Account with Lump Sum Payment :

The minimum amount for opening the account is 20,000 TL / 500 GBP / 500 EURO / 500 USD.

After opening the account, the customer can make additional investments in this account at any time.

FIRST ACCOUNT DETAILS:

An interim payment can be made at any time, provided that it is not less than the minimum payment amount (1000 TL / 50GBP / 50EURO / 50USD).

The interim payments will start to receive interest from the day the deposit is made.

Interest will be accrued to the account at the end of the 6th and 12th months.

On the First Account maturity date, the highest term deposit interest rate at that time will be applied to the relevant accounts.