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Personal Banking > Savings > Time Deposit Accounts

Time Deposit Accounts

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  • Open a time deposit account with a minimum deposit of TL1,000 or GBP100/ USD100 / EUR 100
  • Decide on your preferred duration, from a minimum of 30 days, and up to a maximum of 367 days
  • Accounts are available in Turkish Lira, Sterling, US Dollar and Euro,
  • The Interest paid is net after tax,
  • Full internet banking service available.

 

How it works

Simply tell us your account term preference, and we will advise you how much interest you will receive on the maturity date. Alternatively you may wish to use our calculation tool to calculate this amount for yourself.

At the end of the term, your deposit will automatically renew, for the same duration, unless you advise us otherwise.

Deposits up to EUR 20,000, or the equivalent amount in GBP/USD /TL, per account, ( not per person) are covered under the government guarantee of Savings Deposit Insurance and Financial Stability Fund. You may have as many accounts as required and they will fall under this guarantee. For example a deposit of Euro100,000 can be divided between 5 accounts and you will benefit from the guarantee.

Please note that Interest rates may vary according to the amount deposited and the account duration.