Silver Account

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    Those who open a Silver Account at TEB benefit from TEB's expertise. You can buy and sell silver as easily as foreign currency exchange.

    You can purchase silver at any time using your USD or TRY account, and whenever you wish, you can convert the silver in your account and transfer it back to your USD or TRY account. You can invest in silver without the risk of theft or loss, and without paying any workmanship costs.

    Open your Silver Account at your nearest TEB Branch, via TEB Internet Banking, or through CEPTETEB Mobile.

    For the Basic Banking Agreement, click here.

    • The demand silver account is opened at 1000/1000 purity (24 carat).
    • You can buy and sell silver in minimum increments of 0.01 grams.
    • No account maintenance fee is charged on individually opened Demand Silver Accounts.
    • Pursuant to Presidential Decree No. 9595 amending Decree No. 32 on the Protection of the Value of Turkish Currency, buy and sell transactions conducted through precious metal deposit accounts at banks without physical delivery have been designated as foreign exchange transactions. Accordingly, as of 17.03.2025, a foreign exchange transaction tax at the applicable rate (0.2%) must be calculated on sales transactions carried out through precious metal deposit accounts without physical delivery.
    • You can buy and sell silver in grams using TRY or USD.
    • From your Demand Silver Account, you can transfer silver on a gram basis via wire transfer to a Demand Silver Account belonging to yourself or another customer within the same bank.
    • Silver transfers from silver accounts to an account at a different bank are not permitted.
    • Silver transactions can be carried out at our branches during business hours, and online 24/7.
    • Physical delivery is not available.
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