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ONLINE BANKING
London
Turkey
Bahrain
Iraq
Kosovo
Corporate Banking
Deposits

Corporate Current Account

  • Current accounts in sterling, euro, US$ or TRY are available with Isbank London.
  • You can run your business' short term liquidity with your Isbank London current account. Making payments from or receiving funds into your İsbank London current account is very practical. You will also be able to draw cheques on your current account.
  • Internet banking access
  • No account interest paid

Corporate Fixed Term Deposit

  • Deposits are available in sterling, euro, US$ and TRY
  • You will receive a guaranteed interest rate for a fixed term. 
  • Your business can have more than one deposit account at anyone time.

Deposit rates and conditions below are available to small businesses where your turnover or annual balance sheet is less than £2 million. If your business is significantly larger, please contact us on corporate@isbank.co.uk to discuss further deposit rates that maybe available to you.

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Summary Box

Account Name

Sterling Fixed Term Deposit

What is the interest rate?

Amount

AER*/Gross Rate** of Fixed Interest by Term (effective date 15 August 2017)

1 month

3 month

6 month

1 Year

AER

Gross

AER

Gross

AER

Gross

AER/Gross

Up to £1mm

0,75%

0,75%

0,95%

0,95%

1,15%

1,15%

1,35%

£1mm to £2.5mm

0,85%

0,85%

1,05%

1,05%

1,25%

1,25%

1,45%

£2.5mm+

0,90%

0,90%

1,10%

1,10%

1,30%

1,30%

1,50%

Can Isbank change the interest rate?

Interest rate is fixed for the term of the deposit.

What would the estimated balance be after the term based on a deposit of £1,000?

Amount

1 month

3 month

6 month

1 Year

 

 

Gross

Gross

Gross

Gross

 

 

Up to £1mm

£1.000,63

£1.002,38

£1.005,75

£1.013,50

 

 

£1mm to £2.5mm

£1.000,71

£1.002,63

£1.006,25

£1.014,50

 

 

£2.5mm+

£1.000,75

£1.002,75

£1.006,50

£1.015,00

 

 

 

How do I open and manage my account?

Account can only be opened through a branch, but viewable through internet banking.

No minimum deposit balance required.

Interest is fixed for the term of the deposit and paid at the end of the term. No statement is issued.

At maturity you can choose to pay your deposit into another fixed term deposit or another eligible product offered by Isbank or, alternatively you may wish to transfer your monies elsewhere.

We will provide you with written notice 15 days in advance of maturity. Unless we hear from you or we already have written instruction from you to the contrary, the balance on your fixed term deposit at maturity will be automatically rolled-over into another fixed term deposit with same term and rate of interest for that term as published on our website. If such an equivalent fixed term deposit is no longer available the balance will be automatically transferred to a current account with Isbank London branch.

Can I with draw money?

If you withdraw any money from your fixed term deposit prior to the maturity date you will lose  all interest entitlement to your fixed term deposit and the remaining balance will be transferred immediately to your current account with Isbank London branch.

Additional Information

AER* stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts.

Gross Rate** means that we will not deduct tax automatically from your interest.  You are responsible for paying any tax due to HM Revenue and Customs.

 

Summary Box

Account Name

Euro Fixed Term Deposit

What is the interest rate?

Amount

AER*/Gross Rate** of Fixed Interest by Term (effective date 15 August 2017)

1 month

3 month

6 month

1 Year

AER

Gross

AER

Gross

AER

Gross

AER/Gross

Up to £1mm

0,15%

0,15%

0,25%

0,25%

0,35%

0,35%

0,40%

£1mm to £2.5mm

0,25%

0,25%

0,35%

0,35%

0,45%

0,45%

0,50%

£2.5mm+

0,30%

0,30%

0,40%

0,40%

0,50%

0,50%

0,55%

Can Isbank change the interest rate?

Interest rate is fixed for the term of the deposit.

What would the estimated balance be after the term based on a deposit of €1,000?

Amount

1 month

3 month

6 month

1 Year

 

 

 

Gross

Gross

Gross

Gross

 

 

Up to €1mm

€ 1.000,13

€ 1.000,63

€ 1.001,75

€ 1.004,00

 

 

€1mm to €2.5mm

€ 1.000,21

€ 1.000,88

€ 1.002,25

€ 1.005,00

 

 

€2.5mm+

€ 1.000,25

€ 1.001,00

€ 1.002,50

€ 1.005,50

 

 

 

How do I open and manage my account?

Account can only be opened through a branch, but viewable through internet banking.

No minimum deposit balance required.

Interest is fixed for the term of the deposit and paid at the end of the term. No statement is issued.

At maturity you can choose to pay your deposit into another fixed term deposit or another eligible product offered by Isbank or, alternatively you may wish to transfer your monies elsewhere.

We will provide you with written notice 15 days in advance of maturity. Unless we hear from you or we already have written instruction from you to the contrary, the balance on your fixed term deposit at maturity will be automatically rolled-over into another fixed term deposit with same term and rate of interest for that term as published on our website. If such an equivalent fixed term deposit is no longer available the balance will be automatically transferred to a current account with Isbank London branch.

Can I with draw money?

If you withdraw any money from your fixed term deposit prior to the maturity date you will lose  all interest entitlement to your fixed term deposit and the remaining balance will be transferred immediately to your current account with Isbank London branch.

Additional Information

AER* stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts.

Gross Rate** means that we will not deduct tax automatically from your interest.  You are responsible for paying any tax due to HM Revenue and Customs.

 

 

Summary Box

Account Name

US$ Fixed Term Deposit

What is the interest rate?

Amount

AER*/Gross Rate** of Fixed Interest by Term (effective date 15 August 2017)

1 month

3 month

6 month

1 Year

AER

Gross

AER

Gross

AER

Gross

AER/Gross

Up to £1mm

1,46%

1,45%

1,61%

1,60%

1,76%

1,75%

1,85%

£1mm to £2.5mm

1,56%

1,55%

1,71%

1,70%

1,86%

1,85%

1,95%

£2.5mm+

1,71%

1,70%

1,86%

1,85%

2,01%

2,00%

2,10%

Can Isbank change the interest rate?

Interest rate is fixed for the term of the deposit.

What would the estimated balance be after the term based on a deposit of $1,000?

Amount

1 month

3 month

6 month

1 Year

 

 

 

Gross

Gross

Gross

Gross

 

 

Up to $1mm

$1.001,21

$1.004,00

$1.008,25

$1.018,50

 

 

$1mm to $2.5mm

$1.003,33

$1.004,25

$1.008,75

$1.019,50

 

 

$2.5mm+

$1.001,42

$1.004,50

$1.009,25

$1.021,00

 

 

 

How do I open and manage my account?

Account can only be opened through a branch, but viewable through internet banking.

No minimum deposit balance required.

Interest is fixed for the term of the deposit and paid at the end of the term. No statement is issued.

At maturity you can choose to pay your deposit into another fixed term deposit or another eligible product offered by Isbank or, alternatively you may wish to transfer your monies elsewhere.

We will provide you with written notice 15 days in advance of maturity. Unless we hear from you or we already have written instruction from you to the contrary, the balance on your fixed term deposit at maturity will be automatically rolled-over into another fixed term deposit with same term and rate of interest for that term as published on our website. If such an equivalent fixed term deposit is no longer available the balance will be automatically transferred to a current account with Isbank London branch.

Can I with draw money?

If you withdraw any money from your fixed term deposit prior to the maturity date you will lose  all interest entitlement to your fixed term deposit and the remaining balance will be transferred immediately to your current account with Isbank London branch.

Additional Information

AER* stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts.

Gross Rate** means that we will not deduct tax automatically from your interest.  You are responsible for paying any tax due to HM Revenue and Customs.

 

Summary Box

Account Name

Turkish Lira Fixed Term Deposit

What is the interest rate?

Amount

AER*/Gross Rate** of Fixed Interest by Term (effective date 15 August 2017)

1 month

3 month

6 month

1 Year

AER

Gross

AER

Gross

AER

Gross

AER/Gross

Up to £1mm

5,64%

5,50%

6,14%

6,00%

6,86%

6,75%

7,50%

£1mm to £2.5mm

6,70%

6,50%

7,19%

7,00%

7,90%

7,75%

8,50%

£2.5mm+

7,23%

7,00%

7,71%

7,50%

8,42%

8,25%

9,00%

Can Isbank change the interest rate?

Interest rate is fixed for the term of the deposit.

What would the estimated balance be after the term based on a deposit of TRY1,000?

Amount

1 month

3 month

6 month

1 Year

 

 

 

Gross

Gross

Gross

Gross

 

 

Up to TRY1mm

TRY 1.004,58

TRY 1.015,00

TRY 1.033,75

TRY 1.075,00

 

 

TRY1mm to TRY2.5mm

TRY 1.005,42

TRY 1.017,50

TRY 1.038,75

TRY 1.085,00

 

 

TRY2.5mm+

TRY 1.005,83

TRY 1.018,75

TRY 1.041,25

TRY 1.090,00

 

 

 

How do I open and manage my account?

Account can only be opened through a branch, but viewable through internet banking.

No minimum deposit balance required.

Interest is fixed for the term of the deposit and paid at the end of the term. No statement is issued.

At maturity you can choose to pay your deposit into another fixed term deposit or another eligible product offered by Isbank or, alternatively you may wish to transfer your monies elsewhere.

We will provide you with written notice 15 days in advance of maturity. Unless we hear from you or we already have written instruction from you to the contrary, the balance on your fixed term deposit at maturity will be automatically rolled-over into another fixed term deposit with same term and rate of interest for that term as published on our website. If such an equivalent fixed term deposit is no longer available the balance will be automatically transferred to a current account with Isbank London branch.

Can I with draw money?

If you withdraw any money from your fixed term deposit prior to the maturity date you will lose  all interest entitlement to your fixed term deposit and the remaining balance will be transferred immediately to your current account with Isbank London branch.

Additional Information

AER* stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts.

Gross Rate** means that we will not deduct tax automatically from your interest.  You are responsible for paying any tax due to HM Revenue and Customs.

International Trade And Finance
​​İşbank London, through a worldwide network of correspondent banks, offers tailor-made solutions to businesses carrying out activities globally. Letters of credit, documentary credits etc. are among our services provided to our business clients.​
Credit
​​Overdraft Facilities
Corporations will cope better with the temporary liquidity needs of their businesses through our overdraft facilities. Upon successful credit assessment, an appropriate overdraft limit is assigned to businesses where interest will be debited on a monthly basis.

Loans
Corporations will cope better with the temporary liquidity needs of their businesses through our overdraft facilities. Upon successful credit assessment, an appropriate overdraft limit is assigned to businesses where interest will be debited on a monthly basis.
Small Business Loans
​​This facility enables prospective entrepreneurs to expand their existing businesses with suitable terms. please see our application form and brochure below.

Small Business Loan ​​B​roc​​​​hu​​​re​​Small B​​usiness Loan ​​App.
Foreign Exchange Transactions
​​İşbank London's dedicated treasury team and dealing facilities provide important foreign exchange capabilities. Competitive rates are offered to our clients. We are particularly active in exchange transactions involving the Turkish Lira. Our Reuters Dealing Code is ISBL.​
Cheque Collections
​İşbank London can collect your cheques drawn on a UK financial institution. Our clearing cycle is normally 4 business days and cheques paid into an account need 4 business days before withdrawal. 'Special presentation' is also possible to expedite the clearing process.
Account Opening
© 2016 Türkiye İş Bankası A.Ş. All rights reserved.
© 2016 Türkiye İş Bankası A.Ş. All rights reserved.