Gold Account

Gold Deposit Account is the type of account that is opened at call and allows for putting savings to good use as gold. With Gold Deposit Accounts, it is possible to effect gold buying/selling transactions in exchange for TL and USD. You may easily buy and sell gold even with 1 TL as if foreign exchange without the risk of transportation and concern for low carat.
You may affect your Gold Deposit Account transactions on business days between 9.00 and 17.25 at Kuveyt Turk Branches or through the channels of Internet Branch, İŞLEMATİK, Telephone Banking and Mobile Banking.

Features

1 gram of gold shall be transacted at 995/1000 purity.
The minimum transaction limit is 0.01 gram.
Your gold account is under the guarantee of the Saving Deposits Insurance Fund, i.e. state, up to 100,000 TL for natural person accounts.
It is possible to make buying/selling transactions regularly. You can save gold by giving a gold buying order for a certain day of every month.
It is possible to give a buying/selling order for a certain rate without need for price follow-up. For instance, you can give an order such as “Transfer the gold in our account to my TL account when the rate of gold is 75 TL.”
You can effect gold remittance between your accounts or to somebody else’s gold account any time.
You can withdraw the gold in your account as 1, 2.5, 5, 10, 20, 50, 100 and 1000 gr bullions. At this point, bullion gold and transportation charges should be paid.
With your Gold Deposit Account, you can draw a Gold Cheque, withdraw from certain İŞLEMATİKs or buy from our branches as Gram Gold, open a Gold-to-Gold Participation Account.