Flexible Time Account (Long Term)

Flexible Time Account (Long Term)

Open a Flexible Time Account (long term) to put your money to good use, you can withdraw your money when you are in need it without breaking the term and you can even get interest yield for the amount that you withdraw*!

What are the advantages of Flexible Time Account?

  • You can withdraw money without breaking the maturity of the account when you need.
  • You can get interest yield also for the amount that you withdraw,
  • Moreover, you can benefit from the withholding advantage of the long term deposit account,
  • You can withdraw money without breaking the maturity of the account when you need.
  • You can get interest yield also for the amount that you withdraw,
  • Moreover, you can benefit from the withholding advantage of the long term deposit account,
  • Flexible Time Account is opened with a term of 366 to 1100 days.
  • Flexible Time Account can be opened in the currencies of TRY, USD, and EUR.
  • The floor amount for opening this account is TRY 1000 / EUR 500 / USD 500.
  • Flexible Time Account balance can be monitored through online banking.
  • Flexible Time Account clients are entitled to withdraw money for 7 times, in total, during the maturity term.
  • Our clients can perform the first withdrawal as from the 7th day after the commencement of the maturity term. You can perform multiple withdrawals but no more than 7 times during the maturity term of the account.
  • For the amounts withdrawn up to half of the principal in total without exceeding the withdrawn right for 2 times, the interest income calculated through Early Withdrawal Interest Rate** is also paid to our customers. While calculating interest income, withholding rate exceeding 366 days is taken into consideration.
  • The clients exceeding the maximum number of interest-bearing early withdrawal allowed*** can continue withdrawing money provided that they do not exceed the 7 times of withdrawal during the maturity term of their account and that they leave a minimum amount of TRY 1000 / USD/EUR 500 at the account; however, they cannot get interest income for any amount withdrawn more than 2 times or any amount exceeding 50 percent of the principal.
  • If a client decides to close their account earlier than the maturity date, any interest amount they received for the amounts previously withdrawn is deducted from their principal.
  • You can direct all your complaints and feedback through telephone banking at 0850 222 0900 and 0850 222 2900 or through QNB Finansbank website.

** It is the interest rate specified in the account opening order, provided that such rate is equal to or lowers than the interest rate fixed at the account opening.
*** Right to interest-bearing withdrawal: An interest income to be calculated at the early withdrawal interest rate specified in the account opening order is paid for the early withdrawals to be made from the flexible time account more than 2 times and so as not to exceed a total amount equal to 50 percent of the principal. No interest income is paid for the early withdrawals to be performed more than twice or withdrawals exceeding the 50% of the principle in total.

You can open accounts through all QNB Finansbank branches.

Click here for our Flexible Account interest rates.

You must have a minimum deposit of 1000 TRY/500 Euro/500 USD to open a flexible time account (long term).

You can open this account in the currencies of TRY, EUR and USD only.

You can deposit money to your flexible time account any time. You cannot get interest income if you deposit money to your account before its maturity, as the maturity term is broken.

Flexible Time Account (long term) can be opened with a term of 366 to 1100 days.

You can withdraw money for 7 times, at most, during the maturity term by ensuring that a minimum amount of 1000 TRY/500 USD/EUR is left in the account. 

For the amounts withdrawn up to half of the principal in total without exceeding the withdrawn right for 2 times, the interest income calculated through Early Withdrawal Interest Rate* is also paid to our customers. While calculating interest income, withholding rate exceeding 366 days is taken into consideration.

* It is the interest rate specified in the account opening order provided that it is equal to or lowers than the interest rate fixed at the account opening.