Participation Account with Interim Profit Share Payment is the type of account that is opened with 371-day term and allows profit shares to be paid preferably monthly, quarterly, semiannually or at maturity.
While putting your savings to good use in the long term, profit shares of the accounts that offer a higher yield are transferred to your current account. You may either fulfill your cash needs with the profit share you earn in the dates you wish for interim profit share payment or benefit from the stoppage advantage.
It can be opened in TL, USD and EURO.
Profit Share Payment can be made preferably monthly, quarterly, semiannually or at maturity.
In case of money withdrawal from accounts before maturity, no profit share is paid.
The yield of our long-term accounts is higher than other types of accounts.
Alternative Investment Account
|TYPE OF ACCOUNT||RATE OF PROFIT SHARING||OPENING BALANCE|
|Alternative Investment Account||85%||15%||TL 20,000|
|Investment Account||90%||10%||TL 150,000|