Daily Yield Account

• Daily Yield Account can be opened in any amount in one of TRY, USD or EUR currencies for the customers who have the portfolio size (total assets of TRY 100 thousand or USD/EUR equivalent) that is specified by the Bank in QNB Finansbank during account opening.
• A lower limit is determined for Daily Yield Account opening provided that it is not below the lower limit amount specified by the bank.
• Such lower limit amount specified by the bank is minimum TRY 5.000 for TRY accounts of real persons and minimum EUR/USD 5.000 for EUR/USD accounts of real persons. For corporate bodies; standard lower limit specified by the bank is minimum TRY/EUR/USD 20.000.
• You can increase lower limits of your accounts at any time based on your cash needs.
• Lower limit amount determined during account opening remains in the demand deposit account, interest does not accrue on it. The amount above the lower limit is transferred to connected time deposit account at an hour at the end of the day determined by the bank for being valued with current Daily Yield Account interest.
• The interest to be applied is determined freely by the bank based on the currency selected during account opening, amount in the connected time deposit account and first identification date of Daily Yield Account.
• After interest accrual is applied for the account at the beginning of the day, the balance in time deposit account is transferred to demand deposit account connected to Daily Yield Account.
• In case of need, account holders can transfer the whole balance in relevant time deposit account to demand deposit account connected to Daily Yield Account by accepting that they have waived from the interest of that day after the hour at the end of the day that is determined freely by QNB Finansbank.
• With Daily Yield Account you can;
  • Deposit and withdraw cash within the day.
  • Carry out Remitment/EFT transactions.
  • Pay utility bills.
  • Place automatic utility bill payment order and regular payment order.
  • Identify Supplementary Account limit.

You can carry out Daily Yield Account opening and account closing transactions from all of QNB Finansbank branches, 0850 222 0 900 numbered telephone banking, .

TRY 38.25 account maintenance fee will be collected from your account once a quarter by our Bank. In case you only have FX account in our bank or balance of your TRY account is not sufficient; TRY 38.25 equivalent of FX will be collected from your FX deposits account. The calculation will be based on FX buying rate of our Bank on the collection date.

Interest rate of Daily Yield Account is 11,5%* for TRY accounts; 0,5%* for USD accounts and 0,4%* for EUR accounts and interest yield is transferred to the account daily.

*The interest rates given indicates annual gross interest.