This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Read our Cookie Policy.
x
ONLINE BANKING
London
Turkey
Bahrain
Iraq
Kosovo
Corporate Banking
Deposits
Current Accounts
You can run your business' short term liquidity with your İşbank London current account. Making payments from or receiving funds into your İşbank London current account is very practical. you will also be able to draw cheques on your current account.

Fixed Term Deposits
  • A guarantee interest rate for a fixed term.
  • Deposits available in Sterling, Euro, US$ and Turkish Lira.
  • Ability to choose between 1, 3, 6 or 12 month term and have more than one Fixed Term Deposit at anytime.

Summary Box

Account Name

Sterling Fixed Term Deposit

What is the interest rate?

Amount

AER*/Gross Rate** of Fixed Interest by Term

1 month

3 month

6 month

12 month

AER

Gross

AER

Gross

AER

Gross

AER/Gross

Up to £250,000

0,30%

0,30%

0,50%

0,50%

0,65%

0,65%

0,90%

£250,000+

0,35%

0,35%

0,60%

0,60%

0,75%

0,75%

1,10%

However, if your annual turnover or balance sheet exceeds €2mm and you employ 10 or more people, please contact your branch for possible preferential terms.

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

12 month

 

Gross

Gross

Gross

Gross

Up to £250,000

£1.000,25

£1.001,25

£1.003,25

£1.009,00

£250,000+

£1.000,29

£1.001,50

£1.003,75

£1.011,00

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 savings into another Fixed Term Deposit. We will notify you in advance of the maturity date, but if we don't hear from you, your account will automatically be transferred to a Current Account. Account closure before maturity is not permitted.

Can I with draw money?

No additional deposits or withdrawals can be made.

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

6 month

12 month

 

AER

Gross

AER/Gross

Up to €250,000

0,25%

0,25%

0,40%

€250,000+

0,25%

0,25%

0,40%

However, if your annual turnover or balance sheet exceeds €2mm and you employ 10 or more people, please contact your branch for possible preferential terms.

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

6 month

12 month

 

Gross

Gross

Up to €250,000

€ 1.001,25

€ 1.004,00

€250,000+

€ 1.001,25

€ 1.004,00

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 savings into another Fixed Term Deposit. We will notify you in advance of the maturity date, but if we don't hear from you, your account will automatically be transferred to a Current Account. Account closure before maturity is not permitted.

Can I with draw money?

No additional deposits or withdrawals can be made.

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

1 month

3 month

6 month

12 month

AER

Gross

AER

Gross

AER

Gross

AER/Gross

Up to $250,000

0,10%

0,10%

0,35%

0,35%

0,60%

0,60%

0,90%

$250,000+

0,20%

0,20%

0,45%

0,45%

0,80%

0,80%

1,10%

However, if your annual turnover or balance sheet exceeds €2mm and you employ 10 or more people, please contact your branch for possible preferential terms.

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

12 month

 

Gross

Gross

Gross

Gross

Up to $250,000

$1.000,08

$1.000,88

$1.003,00

$1.009,00

$250,000+

$1.000,17

$1.001,13

$1.004,00

$1.011,00

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 savings into another Fixed Term Deposit. We will notify you in advance of the maturity date, but if we don't hear from you, your account will automatically be transferred to a Current Account. Account closure before maturity is not permitted.

Can I with draw money?

No additional deposits or withdrawals can be made.

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

1 month

3 month

6 month

12 month

AER

Gross

AER

Gross

AER

Gross

AER/Gross

Up to  ‎TRY250,000

5,12%

5,00%

6,14%

6,00%

7,12%

7,00%

8,00%

 TRY250,000+

5,12%

5,00%

6,14%

6,00%

7,12%

7,00%

8,00%

However, if your annual turnover or balance sheet exceeds €2mm and you employ 10 or more people, please contact your branch for possible preferential terms.

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

12 month

 

Gross

Gross

Gross

Gross

Up to TRY250,000

TRY 1.004,17

TRY 1.015,00

TRY 1.003,50

TRY 1.080,00

TRY250,000+

TRY 1.004,17

TRY 1.015,00

TRY 1.003,50

TRY 1.080,00

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 savings into another Fixed Term Deposit. We will notify you in advance of the maturity date, but if we don't hear from you, your account will automatically be transferred to a Current Account. Account closure before maturity is not permitted.

Can I with draw money?

No additional deposits or withdrawals can be made.

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.