e-Deposit and t-Deposit

e-Deposit

e-Deposit is a time deposit product, offered through Internet Banking to all retail banking customers with advantageous interest rates for a maximum limit of TRY 250.000, USD 100.000, EURO 100.000 and GBP 100.000.

Product Specifications

• You can open an e-Deposit account in any maturity, for specific currencies. More than one e-deposit account in TRY, EURO, USD or GBP can be opened up to the maximum limit.
• At the end of maturity, according to the order given during the account opening, only the “principal” amount or the “principal with the interest” amount will be renewed automatically.
• e-Deposit account can be closed from HSBC Bank Retail Internet Banking www.hsbc.com.tr, HSBC Bank Telephone Banking 444 0 111 and HSBC Bank Branches without interest payment.

t-Deposit

t-Deposit is a time deposit product, offered through Telephone Banking to all retail customers with Internet Banking to all retail banking customers with advantageous interest rates for a maximum limit of TRY 250.000, USD 100.000, EURO 100.000 and GBP 100.000.

Product Specifications

• You can open more than one t-Deposit account through HSBC Bank Telephone Banking, in every maturity, for TRY, USD, EURO and GBP, up to the maximum limit.
• At the end of maturity, according to the order given during the account opening, only the “principal” amount or the “principal with the interest” amount will be renewed automatically.
• t-Deposit account can be closed from HSBC Bank Retail Internet Banking www.hsbc.com.tr, HSBC Telephone Banking 444 0 111 and HSBC Bank Branches without interest payment.

Interest Rates and Fees

Click here for advantageous interest rates of e&t deposit accounts.

Terms and Conditions

Time deposit accounts denominated in New Turkish Lira are required by law to set limits on the minimum balance acceptable for opening and renewing accounts. The relevant legislation was introduced to prevent a "Special Transaction Tax" of YTL 1,00 imposed on each account opening and renewal from exceeding the interest and reducing the principal in accounts with balances below a certain level.

Please call HSBC Bank Telephone Banking 444 0 111 or visit the nearest HSBC Branch for detailed information on procedures for opening an account and current rates on interest-bearing accounts. We would be happy to assist you with these and any other questions you might have regarding our products and services or terms and conditions.

Please click here for account opening procedure and documents.

Transaction Channels

You can enjoy convenient access to your accounts through any HSBC Bank Branch or HSBC Bank ATM, HSBC Bank Telephone Banking
444 0 111, and HSBC Bank Retail Internet Banking www.hsbc.com.tr.

Our telephone and online services offer around-the-clock (7 days & 24 hours) access to your accounts for carrying out transactions, tracking movements, and obtaining other information.

Our HSBC Debit Card is your access key to ATMs, which remain the most popular choice for the only transaction that is not available over the phone or online - cash withdrawals.

Our staff members throughout the branch network are also happy to assist you with all your banking needs. You can use your HSBC Passbook to withdraw cash or perform other transactions at any branch during business hours.

Tax

Please click here for detailed information on tax procedures related to time teposit accounts.