Loyal Foreign Currency Account

Loyal Foreign Currency Account is a time deposit account where you can earn more with increasing interest rates and at the same time withdraw money when you need it.

Features

• Loyal Foreign Currency Account is a time deposit account that can be opened as 8 terms with 92 days maturity, 4 terms with 181 days maturity and 2 terms with 366 days maturity.
• The increasing interest rates to be applied by periods according to the preferred maturity type are determined at the account opening.
• Loyal Foreign Currency Account can be opened with a minimum of EUR/USD 5,000 and a maximum of EUR/USD 250,000.

Announcement about Savings Deposit Guarantee

Pursuant to the provisions of the "Regulation on Deposits and Participation Funds Subject to Insurance and Premiums to be Collected by the Savings Deposit Insurance Fund", published in the Official Gazette no. 32051 of 22.12.2022; the aggregate of the principal amount and interest rediscounts of savings deposit accounts denominated in Turkish Lira, a foreign currency, or a precious metal, which have been established with the domestic branches of a credit institution operating in Turkey in the name of real persons and which are not subject to commercial transactions other than issuance of a cheque are under insurance protection up to 400 thousand Turkish Liras.

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