Instant Cash Against Your Fund

Instant Cash Against Your Fund
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    You can meet your urgent cash needs with Instant Cash Against Your Fund Service whereby for the funds with a notice period, you can use the fund amount on the same day of your sale instruction without waiting for the required notice period to expire.

    With a single instruction, a certain portion of the fund amount you have placed a sale instruction is credited to your account immediately and you do not need to wait until the expiration of the notice period to meet your urgent cash needs.

    In addition; while you meet your urgent cash needs, you can also benefit from an interest rate lower than our Overdraft Account interest rate .

    The credit amount you used for your urgent cash needs will be automatically closed together with its accrued interest on the day the fund amount you have placed a sale instruction is credited to your account.  

    In order to benefit from our Instant Cash Against Your Fund service, you can give your instruction from TEB Internet Branch, 0850 200 0 666 TEB Phone Branch and through TEB Branches that are also open at lunch hours.

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