Please note, this account is closed to new applications.
Please fill in the application form and post it to the address below;
TURKISHBANK (UK) LTD.
Direct Savings Section
84 - 86 Borough High Street
If you have any queries please call us on
0800 0320 480
What is the interest rate?
60 Day Notice Account gives a competitive rate of interest on balances £1,000 and above.
Variable interest rates apply to the account on balances £1,000 and above. The rate is guaranteed not to go below Bank of England Base rate plus 0.50% until further notice.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
Net is the rate of interest which would be payable after allowing for the deduction of income tax at the specified rate.
What are the benefits of a 60-Day Notice Account?
A 60-Day Notice Account is ideal if you do not need immediate access to your funds and would like a higher rate of interest.
- A competitive rate of interest
- Minimum balance only £1,000.
- Additional deposit is minimum £500
- Easy to operate
How does the 60 Day Notice Account work?
Your first investment should be by a personal cheque payable to the name/s of the account to be opened by Turkish Bank (UK) or a transfer from your existing personal UK Bank or Building Society account, in addition we would require your signed Application Form
We offer banking by post as well as face to face at all of our branches. If you require further information or an Application Form to be sent to you, please telephone our friendly staff on 0800 0320480, 9 am to 5 pm, Monday to Friday.
To contact us by post please write to us at:
Turkish Bank (UK)
84-86 Borough High Street
London SE1 1LN
If you are an existing customer please quote your account number to help us assist you with your request.
How to make a deposit?
You can deposit initial and additional funds with us by:
Can we open a Joint Account?
Yes if required, we will open the account for you as a joint account. Your instructions will apply to all future accounts you open in all names unless you specifically tell us otherwise.
A joint account means:
How to withdraw funds?
Payments will be made either by Electronic Funds Transfer direct to your nominated Bank or Building Society account (the Application Form asks for your nominated account details) or by bankers draft drawn in your name. Instructions to pay money to a third party cannot be accepted for security reasons.
To withdraw funds from your account:
When do I receive a statement?
Statements will be provided to you within 10 business days of any interest application date. When a transaction occurs, a credit/debit advice will be issued within 10 business days.
What are the charges?
Early repayments are subject to 60 days loss of interest on the amount withdrawn. Min. charge £10.