Turkey Deposits

Bank Rate
Ziraat Bankasi 1 Month Time Deposit

With the exception of demand deposits, the 1 month/30 day time deposit is the shortest maturity offered for this fixed interest product and the indicated rate is an internet banking rate for below 500,000 Lira.

10.75%
1 month
Apply
Nov 2017
HSBC Turkey 1 Year Time Deposit

The Interest rate for this YTL/TRY deposit applies for a 12 month / 1 year term ranging from 365-385 days. This rate is based on the Annual e-deposit interest rate. 

5.50%
1 year
Apply
Feb 2017
Garanti 1 Month Time Deposit

The Interest rate for this account is applicable for th 'TL E-Time Deposit Account' for a balance greater than 500.000,00 TRY and for a one month term

4.50%
1 month
Apply
Nov 2017

Discussion

  • Q: how do you go about opening an account inturkey (marmaris)

    Reply maureen from Newcastle upon Tyne, United Kingdom
  • Q: I am moving to turkey u have £220000 If I convert it to Tyrkish lira Wat is the best rate I can get if I lock it in for 6minths to a year and how much will it earn a month

    Reply Colin from Royal Tunbridge Wells, United Kingdom
    • R: Hi Colin, I have just sold my apartment in Turkey and have put 150,000TL into the TEB bank, I opened an internet time deposit account with them which they helped me setup in the branch. I have opted for a 6 month time deposit with an interest rate of 11% but any interest earned you will pay 15% tax on, therefore on my amount invested after tax I will receive 6905 TL, the time deposit will automatically renew for another 6 months at the new higher figure. Hope this is of some help to you. Regards Paul.

      Reply Paul Wright
  • Q: Hi. I'm looking to purchase a property in Turkey and would like to open an account in the bank, plus I also want to deposit around 50000 GBP to earn interest on it. Please guide how much return will be on this deposit. Thanks

    Reply Sal from Milton, Canada
  • Q: Kindly, if I but 100,000 TL as one month time deposit , how much I will receive an interest on my account many thanks with regards

    Reply Nahla from Turkey
    • R: Hi Nahla, HSBC offers 5.25% for example. 100000X5.25=525000 then 525000/100=5250 then 525000/12= 43750 amonth

      Reply Jay
      • R: Calculations are all wrong, 100,000 TL on 5.25% will make 5,250 TL a year. Which is 437.50 TL a month.

        Reply Tarik