Current Account

​​Key features


  • Sterling, Euro, US$ or TRY denominated current accounts with Isbank London branch
  • Internet banking access 
  • Payments by corporate debit card and by cheque
  • Cheque clearing services for cheques drawn on UK banks
  • No fees and commissions for the incoming transfers from UK banks
  • No account interest paid 
  • You will need to maintain in either current accounts or fixed term deposits or loans an aggregated annual average balance of at least £150,000  from the date of account opening

Eligibility


You can open a Sterling, Euro, USD or TRY for a UK registered company current account with Isbank London branch by providing all of the following criteria;

  • Your company or your group’s annual turnover exceeds £1,000,000
  • The purpose of your account is to support predominately trade or investment related transactional activity; and
  • Your company should have a physical presence and trading address and a UK based director
    • You maintain in either current accounts or fixed term deposits or loans an aggregated annual average balance of at least £150,000 (or currency equivalent).​
    • OR
              • You maintain an aggregated annual loan average balance or annual POS turnover of at least £200,000 (or currency equivalent).
              • Fees
              • Account opening administrative fee* - of £3,000

                The account opening fee will not apply if you maintain in an *aggregated annual loan average balance or annual POS turnover of at least £200,000 (or currency equivalent).​