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ONLINE BANKING
London
Turkey
Bahrain
Iraq
Kosovo
Personal Banking
Current Accounts
You can open a sterling current account with a branch which you can be access through internet banking. You will need to provide proof of identity, address and source of income and you must normally be over 18 years of age and resdient in the UK or in Turkey. Account interest is not payable and there is an annual account fee of £30. Regular statements will be sent to you by post to your home adress.​
Saving Products
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%

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%

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%

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%

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.

Money Transfer
​Isbank London is the right choice for you to remit your funds to Turkey, both speedily and securely. Depending on the actual time of the transaction, if the receiver's account is with an Isbank branch funds can usually be received the same day - but in any case within 24 hours. You may pay any major currency including the Turkish Lira for your remittances.
Remittance Form
Foreign Exchange Transactions
​Isbank London's dedicated treasury team and dealing facilities provide important foreign exchange capabilities. Competitive rates are offered to our clients in a number of currencies and we are, particularly, active in exchange transactions involving the Turkish Lira.

TRY BANKNOTE EXCHANGE RATES*
ASK BID
£ GBP N/A N/A
$ USD N/A N/A
€€ EUR N/A N/A

* These rates are for banknote exchange transaction only. For F/X transactions rates, please contact the branch.
Cheque Collections
​Isbank 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. However, by 'Special presentation' it is also possible to expedite the clearing process.​
Cash Cards
​For the convenience of our savings account holders, Isbank Cash Card enables its users to withdraw funds from thousands of cash machines across the UK. Do not forget to apply for your cash card.​
Personal Loans
​​Isbank London now offers loans for your personal needs.
© 2016 Türkiye İş Bankası A.Ş. All rights reserved.
© 2016 Türkiye İş Bankası A.Ş. All rights reserved.