Foreign Currency Time Deposit Account

If you would like to put your foreign currency savings to work at attractive interest rates, open a Foreign Currency Time Deposit Account with the term of your choice. Unless requested otherwise, Foreign Currency Time Deposit Account s will be automatically renewed at the end of the term with the same maturity as the original but with the currently applicable interest rate. You can transfer accrued interest to your Current Account.

Features

• As the interest rate is fixed over the term of the Time Deposit, your returns, during the deposit's period, are not affected by changes in market interest rates.
• You can open a Time Deposit with terms of 1, 3, 6, or 12 months.
• Quoted interest rates are gross rates. According to the Emergency Ordinance no. 58/2010, starting 1st of July 2010, the interest granted to customers for term deposits is subject to a tax of 16%.
• Foreign Currency Time Deposit Account accounts may be opened in USD, EUR, JPY, CHF, and GBP.
• The minimum amount to open a Foreign Currency Time Deposit is USD 200, EUR 200, JPY 200, CHF 200, GBP 200.
• Enjoy convenient access to your Time Deposit Account and display information about your account through Online Banking.

Deposit Interest RatesDeposit Interest Calculator

To apply:

You can open an Foreign Currency Time Deposit Account by visiting our nearest GarantiBank branch.