The Participation Account with Interim Profit Share Payments is an account opened with a 372-day term that allows profit shares to be paid preferably monthly, quarterly, biannually or at maturity.
This account offers the advantage of higher profit shares, while putting your savings to good use in the long term.
- It comes as either an investment or alternative investment account depending on the opening balance.
- As long as you stay above the minimum limit, two withdrawals or withdrawals of up to
- half the opening balance can be made during the term.
- If at least one of these two rules is violated, Kuveyt Türk shall reclaim half of the gross profit share given to the customer.
- The profit share accumulated in the interim period can be transferred to your current account or Profitable Participation Account.
Account Types and Limits
| TRY Participation Accounts With Interim Period Share Payment | |||||
|---|---|---|---|---|---|
| Opening Balance | 1 Month (31 Days) | 3 Months (93 Days) | 6 Months (186 Days) | 1 Year (372 Days) | |
| Alternative | 20.000 | 90 - 10 | 90 - 10 | 90 - 10 | 90 - 10 |
| Investment | 150.000 | 95 - 5 | 95 - 5 | 95 - 5 | 95 - 5 |
| Withholding Rates | 2,5% | 2,5% | 2,5% | 2,5% | |
| USD Participation Accounts With Interim Period Share Payment | ||||||
|---|---|---|---|---|---|---|
| Opening Balance | Alt Bakiye | 1 Month (31 Days) | 3 Months (93 Days) | 6 Months (186 Days) | 1 Year (372 Days) | |
| Alternative | 20.000 | 10.000 | 20-80 | 20-80 | 20-80 | 20-20 |
| Investment | 100.000 | 50.000 | 30-80 | 20-80 | 20-80 | 20-80 |
| Withholding Rates | 25% | 25% | 25% | 25% | ||
| Euro Participation Accounts With Interim Period Share Payment | ||||||
|---|---|---|---|---|---|---|
| Opening Balance | Alt Bakiye | 1 Month (31 Days) | 3 Months (93 Days) | 6 Months (186 Days) | 1 Year (372 Days) | |
| Alternative | 20.000 | 10.000 | 20-80 | 20-80 | 20-80 | 20-80 |
| Investment | 100.000 | 50.000 | 20-80 | 20-80 | 20-80 | 20-80 |
| Withholding Rates | 25% | 25% | 25% | 25% | ||
Profitable Account
Let the profits you've earned from your participation account with interim profit share payment earn you even more with a profitable participation account!
The Profitable Participation Account is the valorization of the profit shares obtained from investment and alternative investment accounts within a new participation account.
- This account's profit share rate and currency sort are the same as the account it is related to.
- You cannot deposit or withdraw any money from this account until its maturity date.
- The profitable participation account is automatically cancelled if the main account if cancelled.