3 Year Fixed Term Deposit - Turkish Bank (UK) Ltd

3 Year Fixed Term Deposit

Turkish Bank (UK) Ltd
2.2 % AER
Headline Interest Rate
Fixed
For 36 months
FSCS
Compensation Scheme
£ 5,000 min initial deposit
Unlimited max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 2.2 % AER
Headline Interest Balance: £ 5,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 5,000
Date account was introduced: 21 Nov 2017

This account may be appropriate for you if

  • You are happy not withdrawing funds before the end of the term
  • You are over 18 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£5,0002.20%2.20%2.20%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: maturity
Minimum Balance: £ 5,000
Maximum Balance: Unlimited
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Account Certificate: Account Certificate available.

Withdrawals

Withdrawal Conditions: No withdrawals or closure permitted during the term of the account.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: No withdrawals are permitted.
Transferred on Maturity: If no instructions are received from the customer 5 business days before the maturity date, the funds will be re-invested for the same term at the prevailing rate.

Conditions

Trustee Types: This account can be opened on behalf of a child.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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