Can I deposit money to my ING Interim Interest Yield Account before the maturity of the term?
As with other time deposit account, it is not possible to deposit money to ING Interim Interest Yield Account within the term.
Can I withdraw money from my ING Interim Interest Yield Account or close it before the maturity of the term?
In ING Interim Interest Yield Account, you can withdraw your interest at interim periods that you determine beforehand. If you want to withdraw money before the maturity of the term, you must close your account. In the case that you close your account and any interim payments have been made, you receive your payment after deduction of the interim payments from your principal.
Can ING Interim Interest Yield Account be opened as a joint account?
ING Interim Interest Yield Account can be opened as a joint account.
Is there a lower limit to open an ING Interim Interest Yield Account?
You can open an ING Interim Interest Yield Account for your deposits of 5.000 TL and above.
What are the available terms and currencies in ING Interim Interest Yield Account?
You can open an ING Interim Interest Yield Account at a minimum term of 1 year and in TL, USD or EURO. You get your interest at interim periods that you determine.
For whom is ING Interim Interest Yield Account recommended?
Our individual customers who seek to make long-term investments to obtain a regular income without getting affected by the potential interest rate changes can open an ING Interim Interest Yield Account.
What is ING Interim Interest Yield Account?
ING Interim Interest Yield Account is a deposit account in which your deposit is invested for at least a 1-year term and the interest yield accumulated throughout the term is paid at monthly, quarterly, semi-annual or annual intervals, based on your preference. Due to annual fixed interest rate, it does not get affected by the potential adverse changes in interest rates..
When is the interest paid in ING Interim Interest Yield Account?
You can open your ING Interim Interest Yield Account with monthly, quarterly, semi-annual or annual interest payments based on your preference, and access the accumulated interest yield through your current account at the periods you have specified, starting from the date of account opening.
What are the required documents to open an ING Interim Interest Yield Account?
The customers of our bank can open the account without any documents.
If you are not a customer of our bank, you can open your account with your identity card and a bill in your name, and start investing your savings in ING Interim Interest Yield Account.
Deposit Insurance Requirement
In accordance with the “Regulation on Deposits and Participation Funds Subject to Insurance and Premiums Collected by Savings Deposit Insurance Fund” published in the official Gazette number 26339 dated 07/11/2006;
For individual accounts -where commercial transactions are excluded with the exception of checking activities- opened in domestic branches of a credit institution that operates in Turkey, in forms of Turkish Lira, foreign exchange currency and precious metals accounts, principal plus the interest of the savings deposit accounts are insured up to 100.000 TL per each individual.
Deposits at overseas branches of deposit banks, deposits at credit institutions that engage in off-shore banking activities in Turkey and abroad, and extreme interest rates that are above the maximum interest rates publicly announced by the bank and reported to the Central Bank, or above the average interest rate offered by the five deposit banks with the highest total deposits are not included within the scope of the insurance.
How is IBAN generated?
Consisting of numbers and letters, IBAN refers to a single account among all back accounts. Each account has one IBAN, and each IBAN refers to only one account.
The IBAN standard is determined freely by each country, with a maximum length of 34 alphanumeric characters. The first 4 digits are the 2-digit country code and the 2-digit control number. The control number shows whether or not the IBAN is correct and valid. The digits after that indicate the national account number.
The length of IBAN in Turkey is 26 digits. The structure of Turkish IBAN is as below:
What is IBAN?
IBAN is the international bank account number used instead of the current customer accounts. By internationally defining each customer account number at banks, it enables money transfers to be performed quickly, without errors and at low cost. A country-wide bank customer account number in standard length must be created. Today, in addition to European Union countries, some other countries also use IBAN.
Is it mandatory to use IBAN in money transfers?
As of January 1, 2010, the use the IBAN of the sender and the recipient has become mandatory in money transfer transactions.
With the regulation, bank customers have started to use IBAN when making money transfers within the same bank or from a bank to another bank, between their accounts or from their own accounts to another account. Additionally, the recipient's IBAN is also used in money transfers to the European Economic Area countries and other countries using IBAN.
How can I state my IBAN in electronic environment and paper environment?
If the IBAN will be processed or kept in electronic environment, all letters and numbers must be entered side by side without and spaces or separation characters (parenthesis, comma, dash etc.)
If the IBAN will be stated on paper, it must be written from left to right in groups of 4 digits separated with a space. If there are more numbers at the end after writing the number in groups of 4 digits, they must also be written side by side.
(Ex: TR76 0009 9012 3456 7800 1000 01)