UK Resident Fixed Term Deposit Account

  • ​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.
  • Rates below are available for the deposit accounts opened starting from 1st March 2021.​​
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
1 month3 month 6 month1 Year
AER GrossAER GrossAER GrossAER/Gross
Up to £1mm0,25%0,25%0,30%0,30%0,35%0,35%0,40%
£1mm to £2.5mm0,30%0,30%0,35%0,35%0,40%0,40%0,45%
£2.5mm+0,35%0,35%0,40%0,40%0,45%0,45%0,50%​

​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?​


Thershold Amount (see above)1 month3 month 6 month1 Year
GrossGrossGrossGross
Up to £1mm£1.000,21£1.000,75£1.001,75£1.004,00
£1mm to £2.5mm£1.000,25£1.000,88£1.002,00£1.004,50
£2.5mm+£1.000,29£1.001,00£1.002,25£1.005,00​


​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 your 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 i.e. with same term and at the 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 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.​


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
1 month3 month 6 month1 Year
AER GrossAER GrossAER GrossAER/Gross
Up to £1mm0,01%0,01%0,02%0,02%0,03%0,03%0,13%
£1mm to £2.5mm0,02%0,02%0,03%0,03%0,04%0,04%0,14%
£2.5mm+0,03%0,03%0,04%0,04%0,05%0,05%0,15%​

​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?​​


Thershold Amount (see above)1 month3 month 6 month1 Year
GrossGrossGrossGross
Up to £1mm€ 1.000,01€ 1.000,05€ 1.000,15€ 1.001,30
£1mm to £2.5mm€ 1.000,02€ 1.000,08€ 1.000,20€ 1.001,40
£2.5mm+€ 1.000,03€ 1.000,10€ 1.000,25€ 1.001,50​

​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 your 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 i.e. with same term and at the 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 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.​

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
1 month3 month 6 month1 Year
AER GrossAER GrossAER GrossAER/Gross
Up to £1mm0,10%0,10%0,10%0,10%0,20%0,20%0,40%
£1mm to £2.5mm0,15%0,15%0,15%0,15%0,25%0,25%0,45%
£2.5mm+0,20%0,20%0,20%0,20%0,30%0,30%0,50%


​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?​


Thershold Amount (see above)1 month3 month 6 month1 Year
GrossGrossGrossGross
Up to £1mm$1.000,08$1.000,25$1.001,00$1.004,00
£1mm to £2.5mm$1.000,13$1.000,38$1.001,25$1.004,50
£2.5mm+$1.000,17$1.000,50$1.001,50$1.005,00​

​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 your 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 i.e. with same term and at the 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 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 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
1 month3 month 6 month1 Year
AER GrossAER GrossAER GrossAER/Gross
Up to £1mm17,81%16,50%16,99%16,00%16,64%16,00%15,25%
£1mm to £2.5mm17,81%16,50%17,27%16,25%16,91%16,25%15,50%
£2.5mm+18,10%16,75%17,55%16,50%17,18%16,50%15,75%​

​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?​


Thershold Amount (see above)1 month3 month 6 month1 Year
GrossGrossGrossGross
Up to £1mmTRY 1.013,75TRY 1.040,00TRY 1.080,00TRY 1.152,50
£1mm to £2.5mmTRY 1.013,75TRY 1.040,63TRY 1.081,25TRY 1.155,00
£2.5mm+TRY 1.013,96TRY 1.041,25TRY 1.082,50TRY 1.157,50​

​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 your 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 i.e. with same term and at the 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 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.​