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ONLINE BANKING
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Personal Banking
Current Accounts

UK Resident Current Account

Key features

  • Sterling, euro, US$ or TRY UK Resident Current Account with Isbank London branch
  • Initial deposit and year-end balance (31 December) requirement of £30,000 (or currency equivalent) with Isbank London branch held in either current accounts and or fixed term deposits OR a permanent employee of a corporate customer of Isbank London branch
  • UK resident requirement
  • Internet banking access
  • 3 monthly cumulative cap on cash withdrawals of £10,000 (or currency equivalent)
  • Annual account fee of £30 (including regular statements posted to your home address)
  • No account interest paid

Eligibility

You can open a sterling, euro, US$ or TRY UK Resident Current Account with Isbank London branch  providing you meet the following criteria:

  • You are UK resident; and
  • You have sufficient funds to provide an initial deposit of at least £30,000 (or currency equivalent) and on a year-end basis ie at the close of business on the 31 December you maintain at least £30,000 or equivalent with Isbank London branch held in either current accounts and or fixed term deposits; or
  • You are a permanent employee of a corporate customer of Isbank London branch and your salary is paid to your account held with London branch.

You will need to provide proof of identity, address and source of income and you must normally be over 18 years of age.

Fees and Important Information

Account interest is not payable and there is an annual account fee of £30.

In the event that you have insufficient funds with Isbank London branch to meet the year-end balance requirement (if applicable) we will write to you and advise you accordingly. You will have 30 days from the date of notification to respond. However, if you do not wish to deposit the necessary additional funds with Isbank London branch or we do not hear from you within the 30 day notice period we will close your account and request that any outstanding balance be transferred elsewhere.

Turkish Resident Current Account

Key features

  • Sterling, euro, US$ or TRY current account with Isbank's London branch
  • Initial deposit and year-end balance (31 December) requirement of £150,000 (or currency equivalent) with Isbank London branch held in either current accounts and or fixed term deposits.
  • Turkish resident requirement
  • Internet banking access
  • 3 monthly cumulative cap on cash withdrawals of £10,000 (or currency equivalent)
  • Annual account fee of £30 (including regular statements posted to your home address)
  • No account interest paid

Eligibility

You can open a sterling, euro, US$ or TRY Turkish Resident Current Account with Isbank London branch providing you meet the following criteria:

  • You are a Turkish resident wishing to undertake payment activity solely within the UK;
  • You already have an established current account in the respective currency with Isbank in Turkey;
  • You have sufficient funds to provide an initial deposit of at least £150,000 (or currency equivalent); and
  • On a year-end basis i.e. at the close of business on the 31 December you must have at least £150,000 (or currency equivalent) with Isbank London branch held in either current accounts and or fixed term deposits.
  • You will need to provide proof of identity, address and source of income and you must normally be over 18 years of age and resident in Turkey.

Fees and Important Information

Account interest is not payable and there is an annual account fee of £30.

In the event that you have insufficient funds with Isbank London branch to meet the year-end balance requirement we will write to you and advise you accordingly. You will have 30 days from the date of notification to respond. However, if you do not wish to deposit the necessary additional funds with Isbank London branch or we do not hear from you within the 30 day period you will be charged a one off £500 administration fee and your account will be closed with immediate effect and the outstanding balance transferred to your respective current account with Isbank in Turkey. Isbank will not be liable for any exchange risk that might arise from the transfer of the outstanding balance to Isbank in Turkey.

Saving Products

UK Resident Fixed Term Deposit

  • Deposits are available in sterling, euro, US$ and TRY and you will have the ability to choose between a 1, 3, 6 or 12 month term and you can have more than one deposit account at anyone time.
  • In determining the rate of interest to be applied to your deposit we will take into account the aggregate sterling equivalent value of all other existing deposit and current accounts you or your family hold with Isbank London branch.
  • To open a UK Resident Fixed Term Deposit with Isbank London branch you will need to be a UK resident and have an established current account in the respective currency with Isbank London branch.
  • You will receive a guaranteed interest rate for a fixed term.
  • You can have more than one deposit account at anyone time.

Summary Box

 

 

 

 

 

 

 

 

Account Name

UK Resident Sterling Fixed Term Deposit

What is the interest rate?

Threshold Amount (taking into consideration the aggregate sterling equivalent value of all other existing current and deposit accounts you or your family hold with Isbank London branch)

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?

Threshold Amount (see above)

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.

You will need to be a UK resident and have an established current account in the respective currency with Isbank London branch.

Subject to requirements of maintaining a current account with Isbank London branch, 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 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 the same term and rate of interest for that term and threshold amount as published on our website. If such an equivalent term is no longer available the balance will be automatically transferred to your 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

UK Resident Euro Fixed Term Deposit

What is the interest rate?

Threshold Amount (taking into consideration the aggregate sterling equivalent value of all other existing current and deposit accounts you or your family hold with Isbank London branch)

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?

Threshold Amount (see above)

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.

You will need to be a UK resident and have an established current account in the respective currency with Isbank London branch.

Subject to requirements of maintaining a current account with Isbank London branch, 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 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 the same term and rate of interest for that term and threshold amount as published on our website. If such an equivalent term is no longer available the balance will be automatically transferred to your 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

UK Resident US$ Fixed Term Deposit

What is the interest rate?

Threshold Amount (taking into consideration of the aggregate sterling equivalent value of all other existing current and deposit accounts you or your family hold with Isbank London branch)

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?

Threshold Amount (see above)

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.

You will need to be a UK resident and have an established current account in the respective currency with Isbank London branch.

Subject to requirements of maintaining a current account with Isbank London branch, 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 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 the same term and rate of interest for that term and threshold amount as published on our website. If such an equivalent term is no longer available the balance will be automatically transferred to your 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

UK Resident Turkish Lira Fixed Term Deposit

What is the interest rate?

Threshold Amount (taking into consideration of the aggregate sterling equivalent value of all other existing current and deposit accounts you or your family hold with Isbank London branch)

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?

Threshold Amount (see above)

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.

You will need to be a UK resident and have an established current account in the respective currency with Isbank London branch.

Subject to requirements of maintaining a current account with Isbank London branch, 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 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 the same term and rate of interest for that term and threshold amount as published on our website. If such an equivalent term is no longer available the balance will be automatically transferred to your 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.

Turkish Resident Fixed Term Deposit Account

  • Deposits are available in sterling, euro, US$ and TRY with a guaranteed interest rate for a fixed term. You will have the ability to choose between a 1, 3, 6 or 12 month term and you can have more than one deposit account at anyone time.
  • You will receive a guaranteed interest rate for a fixed term.
  • In determining the rate of interest to be applied to your deposit we will take into account the aggregate sterling equivalent value of all other existing deposit and current accounts you or your family hold with Isbank London branch.
  • To open  a Turkish Resident Fixed Term Deposit Account with Isbank London branch you will need to be a Turkish resident and have an established current account in the respective currency with Isbank London branch.
  • At maturity you can choose to pay your savings into another Turkish Resident Fixed Term Deposit or another eligible product offered by Isbank or, alternatively you may wish to transfer your monies elsewhere.

Adsız 2

Summary Box

Account Name

Turkish Resident Sterling Fixed Term Deposit

What is the interest rate?

Threshold Amount (taking into consideration the aggregate sterling equivalent value of all other existing current and deposit accounts you or your family hold with Isbank London branch)

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

0,00%

0,00%

0,00%

0,00%

0,20%

0,20%

0,40%

£1mm to £2.5mm

0,00%

0,00%

0,20%

0,20%

0,40%

0,40%

0,60%

£2.5mm+

0,80%

0,80%

1,00%

1,00%

1,20%

1,20%

1,40%

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?

Threshold Amount (see above)

1 month

3 month

6 month

1 Year

 

 

Gross

Gross

Gross

Gross

 

 

Up to £1mm

£1.000,00

£1.000,00

£1.001,00

£1.004,00

 

 

£1mm to £2.5mm

£1.000,00

£1.000,50

£1.002,00

£1.006,00

 

 

£2.5mm+

£1.000,67

£1.002,50

£1.006,00

£1.014,00

 

 

How do I open and manage my account?

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

You will need to be a Turkish resident and have an established current account in the respective currency with Isbank London branch.

Subject to requirements of maintaining a current account with Isbank London branch, 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 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 the same term and rate of interest for that term and threshold amount as published on our website. If such an equivalent term is no longer available the balance will be automatically transferred to your 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 Resident Euro Fixed Term Deposit

What is the interest rate?

Threshold Amount (taking into consideration the aggregate sterling equivalent value of all other existing current and deposit accounts you or your family hold with Isbank London branch)

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

0,00%

0,00%

0,10%

0,10%

0,20%

0,20%

0,25%

£1mm to £2.5mm

0,10%

0,10%

0,20%

0,20%

0,30%

0,30%

0,35%

£2.5mm+

0,20%

0,20%

0,30%

0,30%

0,40%

0,40%

0,45%

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?

Threshold Amount (see above)

1 month

3 month

6 month

1 Year

 

 

Gross

Gross

Gross

Gross

 

 

Up to €1mm

€ 1.000,00

€ 1.000,25

€ 1.001,00

€ 1.002,50

 

 

€1mm to €2.5mm

€ 1.000,08

€ 1.000,50

€ 1.001,50

€ 1.003,50

 

 

€2.5mm+

€ 1.000,17

€ 1.000,75

€ 1.002,00

€ 1.004,50

 

 

How do I open and manage my account?

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

You will need to be a Turkish resident and have an established current account in the respective currency with Isbank London branch.

Subject to requirements of maintaining a current account with Isbank London branch, 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 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 the same term and rate of interest for that term and threshold amount as published on our website. If such an equivalent term is no longer available the balance will be automatically transferred to your 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 Resident US$ Fixed Term Deposit

What is the interest rate?

Threshold Amount (taking into consideration the aggregate sterling equivalent value of all other existing current and deposit accounts you or your family hold with Isbank London branch)

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

0,50%

0,50%

0,65%

0,65%

0,80%

0,80%

0,90%

£1mm to £2.5mm

0,80%

0,80%

0,95%

0,95%

1,10%

1,10%

1,20%

£2.5mm+

1,51%

1,50%

1,66%

1,65%

1,81%

1,80%

1,90%

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?

Threshold Amount (see above)

1 month

3 month

6 month

1 Year

 

 

Gross

Gross

Gross

Gross

 

 

Up to $1mm

$1.000,42

$1.001,63

$1.004,00

$1.009,00

 

 

$1mm to $2.5mm

$1.000,67

$1.002,38

$1.005,50

$1.012,00

 

 

$2.5mm+

$1.001,25

$1.004,15

$1.009,00

$1.019,00

 

 

How do I open and manage my account?

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

You will need to be a Turkish resident and have an established current account in the respective currency with Isbank London branch.

Subject to requirements of maintaining a current account with Isbank London branch, 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 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 the same term and rate of interest for that term and threshold amount as published on our website. If such an equivalent term is no longer available the balance will be automatically transferred to your 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 Resident Turkish Lira Fixed Term Deposit

What is the interest rate?

Threshold Amount (taking into consideration the aggregate sterling equivalent value of all other existing current and deposit accounts you or your family hold with Isbank London branch)

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

2,02%

2,00%

2,52%

2,50%

3,28%

3,25%

4,00%

£1mm to £2.5mm

3,04%

3,00%

3,55%

3,50%

4,30%

4,25%

5,00%

£2.5mm+

6,17%

6,00%

6,71%

6,50%

7,38%

7,25%

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?

Threshold Amount (see above)

1 month

3 month

6 month

1 Year

 

 

Gross

Gross

Gross

Gross

 

 

Up to TRY1mm

TRY 1.001,67

TRY 1.006,25

TRY 1.016,25

TRY 1.040,00

 

 

TRY1mm to TRY2.5mm

TRY 1.002,50

TRY 1.008,75

TRY 1.021,25

TRY 1.050,00

 

 

TRY2.5mm+

TRY 1.005,00

TRY 1.016,25

TRY 1.036,25

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.

You will need to be a Turkish resident and have an established current account in the respective currency with Isbank London branch.

Subject to requirements of maintaining a current account with Isbank London branch, 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 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 the same term and rate of interest for that term and threshold amount as published on our website. If such an equivalent term is no longer available the balance will be automatically transferred to your 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.

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.

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.​
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.