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Bank Mellat Turkey Branches are licenced to take deposits from its domestic and international customers. In line with the said licence and regular implementation, our customers may open time and demand deposit accounts with us, regardless of their nature either in the name of real entities or corporate bodies. By their origins deposit accounts can be maintained in 4 groups as per the identity of their holders.

  • Saving Deposits
  • Commercial Deposits
  • Official Deposits
  • Banks Deposits

The accounts to be opened under the above groups may be accepted to operate in USD, EUR, GBP and TRL. All individuals and corporate entities are allowed to open demand and time deposit accounts seperately or jointly if preferred.

Interest accruals for such intervals are made at the end of the expiry date of the accounts against gross rates which some taxes and levies have to be deducted. For the current and demand deposit accounts, interest calculation is regularly realized at year-ends in the same manner.

Rates are determined according to developments and fluctuations in domestic and internationals markets but tried to be implemented competitively.

Needless to say that due statements may be forwarded to all account holders as per the intervals if requested.

Accounts to be opened in the name of legal entities require

  • Authorized signatures list of the entity
  • Articles of Association
  • Copy of the Trade Registry approved and sealed by the notary public
  • Power of Attorney to be certified by the notary public if any
  • Letter of Commitment
  • Taxation Plate

If the account is going to be maintained in the name of real entities, the account holders are expected to submit their

  • Tax Identification number
  • Identity Card (Driver Licences, Passport )

in addition to