Corporate Deposit Products

Corporate Investment Products
Corporate Investment Products Which Makes your Life Easier

You can use your saving whenever you would like to and can benefit from our advantaged investment services.
You can choose from 3 different types of time deposit accounts that suits your business and open an account as TL or Foreign exchange. Also opening these are account are very easy.

You can open a time deposit account via İktisatbank's Internet Banking without going to any of the branches with advantaged interest rates.
The demand accounts you open as TL or Foreign exchange can be used when ever you would like. You can make your transfers like EFT, account to account instantly, pay your bills and more.

Time Deposit Account Interest Rates

You can find private banking time deposit account and Internet Banking time deposit account interest rates at the table below.

Forward Foreign Currency Trading

Simple explanation of Forward transaction; the process of fixing the exchange rate for a future date.

Who can use Forward?

  • Customers who make export and import transactions.
  • Companies who has a exchange rate risk on their balance sheet.
  • Customer who make transaction with purpose of assest management.
  • Customers who wants to effectively manage cash flow.
  • Customers who fallows exchange rate market and has expectations on exchange rates.
  • Who would get foreign exchange in sertain term or has debt.
  • Customers who has income and payments in different currencies.
  • Suitable for the customers who wants to guarantee the value of the funds TL or foreing currency.

Fautures:

  • The conditions are determined between the bank and the customer.
  • The term, amount and the exchange rate will be determined and is constant.
  • The obligations are irreversible for both buyer and seller.
  • Minimum of 100,000 USD or equivalent currency.
  • Can make forward agreement on different currency pairs. (USD/TL, EUR/TL, EUR/USD, GBP/USD...)
Example Transaction 1:

This is suitable for the customers who wants to eliminate the risk of decline in the exchange rate or wants to exchange to TL from USD in a high exchange level.

Transaction AmountGBP 100,000 . -
Maturity Date92 day
Spot Market Rate2,9450 (GBP/TL)
Forward Rate2,9950 (GBP/TL)

Maturity date; We do not look whether exchange rate is above or below the determined exchange rate GBP/TL 2,9950. Customer sells 100,000 GBP with GBP/TL 2,9950 to TL.

Example Transaction 2:

This is suitable for the customers who to eliminate the risk of the rise in the exchange rate or wants to exchange EUR in a high exchange level.

Transaction AmountEUR 100,000. -
Maturity Date64 day
Spot Market Rate2,5150 (EUR/TL)
Forward Rate2,5350 (EUR/TL)

Maturity date; We do not look whether exchange rate is above or below the determined exchange rate EUR/TL 2,5350. Customer buys 100,000 EUR with EUR/TL 2,5350.

Currency Option (Purchase Rights)

The customers pays the bank premium to gain the rights of exchange buy and sell with currency option product. So the customer pays the price today to purchase a currency buy/sell contract advanced term. When the maturity date cames, our customer lookes to the market conditions and if wished customer puts this contract to process and uses the rights or if the market conditions are better does not put the contract to process and makes the transaction with the market rates. With this product our customers maximum loss will be limited with the option premium paid.

Why to buy hedge option?

  • Purchased rights with the paid premium against the risk of exchange rate or parity, because it provides an opportunity to be protected.
  • By paying premium; with the rights purchased the customer can cancel.

Who is suitable for?

  • Dealing with foreign trade, importing and exporting customers,
  • Exchange rate risk on the balance sheet, regardless of the scale of our entire company,
  • Customers who order asset management operations,
  • Customers who wants to manage cash flow,
  • Who fallows exchange market and have expectations on exchange rates
  • Customers who expects foreing currency or has loan of foreign currency
  • Customers who has income and payments in different currencies.
  • It is suitable for customers who wants to guarantee the value of receivable as TL or foreing currencies.
  • Option contract can be arranged for different currency pairs.(USD/TRY, EUR/TRY, EUR/USD, GBP/USD....)
Example Transaction:


Setup for our customers who are concerned about the rise of exchange rates;
Suitable for customers who want to be protect against the rise in the exchange rate risk or want to exchange from USD to TL in high exchange rates.

Transaction AmountUSD 100,000. -
Term Date32 day
Spot Market Rate1,9300 (usd/tl)
Agreement Rate1,9500 (usd/tl)
Option PrimiumUSD 5,000

If the USD/TL rate is higher than the agreement rate 1,9500 after 32 days; Customer can use the option rights and can buy 100,000 USD from 1,9500 USD/TL exchange rate.
If the USD/TL rate is lower than the agreement rate 1,9500 after 32 days; The customer does not use the option rights, will exchange the foreign currency with the market rate.