Deposit Interest Rate in Turkey remained unchanged at 6.75 percent in July from 6.75 percent in July of 2020.
Please see
Time Deposit Account. Similarly, dividends paid by participation banks are also subject to withholding tax.With the recent decision number 53 of the Presidency of the Republic of Turkey, published in the Official Gazette on 31 August 2018, withholding tax rates on such income have been amended.
© financialadvisory.com 2010-2020 - Although we cover a range of products that we update periodically, please confirm the precise terms and interest rates of the product with the relevant bank.© financialadvisory.com 2010-2020 - Although we cover a range of products that we update periodically, please confirm the precise terms and interest rates of the product with the relevant bank.The question has been received and will be be reviewed for approval by a moderator. After the mentioned period, the old rates will again be applied.Here is how the withholding tax rates will change in the 3-month period compared to the old rates as a result of the recent decision (the new rates are in bold, and the old rates are in parentheses).
Changed from Seker bank to Ing bank the other day as they offered 12.6% on TR account on a daily account.
The interest rate is gross rate.
However the new rates will only apply in the 3-month period from 31 August to 30 November 2018. Daily Time Deposit Account has the feature of time deposit account and your interest earning is transferred to your account daily.
The Time Deposit Account exclusive to Internet Banking.
You can open a Ziraat TL Time Deposit Account with terms of 1 month, 3 months, 6 months, 1 year or partial terms.
The withholding tax rate depends on the currency (i.e., Turkish lira or foreign currency) and the maturity of the deposit.
At the expiration of the term retrieve your capital with interest. checking and notice accounts, as well as time deposits with maturity periods up to (and including) 6 months: 5% (15%) time deposits with maturity periods of up to (and including) 1 year: 3% (12%) time deposits with maturity periods of more than 1 year: 0% (10%) 3. Interest rate applies for a 12 month / 1 year deposit from the 'TL E-Time Deposit Account' for a balance greater than 500.000,00 TRYThe indicated rate is for a 3 month/90 day time deposit and is an internet banking rate for a deposit below 500,000 Lira.The Interest rate for this YTL/TRY deposit applies for a 12 month / 1 year term ranging from 365-385 days.
(on any amount) The Following 2 Users Say Thank You to stuart For This Useful Post: Akasya (22nd January 2016), evo80 (22nd January 2016) 22nd January … Lower limit of opening Daily Time Deposit Account is 1.000 TL for Turkish Lira and 500 USD/EUR/RMB for other currencies.
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This rate is based on the Annual e-deposit … With Çekmece Account, you can invest your savings with a long-term and not get affected from interest rate decreases in the market while you can also make partial withdrawals from your time-deposit account!Attractive interest rates for your gold time deposit account to be opened at any maturity you wish are waiting for you.Indexed Time Deposit Account is a 6 month term deposit account which offers variable income depending on the potential changes in the financial instruments or precious metals such as stock exchanges, foreign currency, interest, etc.
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