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Demand Gold Account

Gold Account
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    • A gold account is an account offered by banks that allows investors to save and transact in gold on a gram basis.
    • A Demand Gold Account is opened with 1000/1000 purity (24-carat gold).
    • You can buy or sell gold starting from 0.01 grams and in its multiples.
    • No account maintenance fee is charged for Demand Gold Accounts opened by individual customers.
    • You can buy or sell gram gold using either TRY or USD.
    • From your Demand Gold Account, you can transfer gold (in grams) within the bank to your own account or to another customer’s Demand Gold Account.
    • Gold transfers to accounts at other banks are not possible.
    • You can perform gold transactions during business hours at our branches, and 24/7 via Internet Banking and our Call Center.
    • At our bank, intraday gold exchange rates are published between 09:00–17:30, while holiday (spread) gold rates are applied between 17:30–09:00. To trade at the most up-to-date rates, customers are advised to prefer the 09:00–17:30 time interval.
    • Through our bank’s partner jewelers or Gold Days events, your physical gold is evaluated by a jeweler or expert and credited to your Demand Gold Account as its 24-carat (1000/1000 purity) gram equivalent.
    • You can safely accumulate gold in your Demand Gold Account without the risks of theft, loss, low purity, or old-dated coins, and without paying workmanship fees.
    • At our Nuruosmaniye and Kuyumcukent branches in Istanbul, you can deposit 1 kg gold bars (995 purity) produced by refineries traded on or accepted by Borsa Istanbul, and have them credited to your Demand Gold Account.

     

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