Pratik Account

If you do not want to lose time while performing your banking transactions, and if you have a frequent cash-inflow to your account or cash-outflow from your account during the day, then this account is just for you…

Pratik Account
    Share

    Practical Account is an account aiming to make your life easier by automatically investing your money in your TL drawing account to TEB B-Type Cash Management Short-Term Bonds and Bills Fund upon a cash-inflow to your account or when your salary is credit into your drawing account with TEB and carrying out all cash outflows by converting the funds into cash automatically.

    If you have a Practical Account, you do not need to give any instruction to invest your account balance and you do not need to follow up your automatic and regular payments, cheque payments, EFTs/ remittances, credit card and personal credit repayments which you will make out of your account. All these transactions are carried out by Practical Account in your name.

    • With Practical Account, you can specify the amount required for your daily cash needs. This amount stays in cash at your account and not invested in TEB B-Type Liquid Cash Management Short-Term Bonds and Bills Fund.
    • In case of a cash-inflow to your account, you do not need to give any instruction to invest your money; The balance remained in your account is automatically invested in TEB B-Type Cash Management Short-Term Bonds and Bills Fund after the amount required for your daily cash needs is set apart.
    • You do not need to follow your payments and spend time to convert TEB B-Type Cash Management Short-Term Bonds and Bills Fund into cash. For all your cash withdrawals to be made from our Branches and ATMs, your automatic and regular payments, credit card and personal credit repayments, cheque payments, EFTs/remittances and for all your purchases to be made from merchants by using TEB Bank Card, your Practical Account automatically converts TEB B-Type Cash Management Short-Term Bonds and Bills Fund into cash and your transactions are completed.
    • You can use your money, which is increased in value in TEB B-Type Cash Management Short-Term Bonds and Bills Fund, from all our TEB ATMs, 0850 200 0 666 TEB Telephone Banking Branch and TEB Internet Branch for 24-hours a day and 7 days a week for all your payments and cash needs.
    • In cases when you do not have sufficient balance and TEB B-Type Cash Management Short-Term Bonds and Bills Fund in your Practical Account but it has a defined Overdraft Account, then your transactions are executed by using your Overdraft Account limit. If you want to use your Overdraft Account limit only for your automatic bill payments, you can also open an Bill Overdraft Account.
    For detailed information about Practical Account and open a Practical Account, you may visit TEB Internet Branch, call 0850 200 0 666 TEB Telephone Banking Branch or apply to your TEB Branch. 
    Rate page content