Gold for Kids Account

The Turkish Lira amounts deposited into accounts by our customers are converted into gold savings in a manner appropriate to the customer’s purchasing power and frequency of purchases. Customers may choose to set up a standing order for regular contributions or make flexible payments from time to time.

In this way, not only is the value of our customers’ savings protected, but savings are also generated whilst adhering to the principles and standards of interest-free banking.

Account details can be easily monitored and managed by customers via all of our bank’s channels.

Gold has been a preferred investment and savings vehicle for thousands of years due to its reputation as a safe haven. If you wish to save in gold for your children, you can store your gold at our bank securely and free of charge, and grow your savings through regular purchases.
As this product offers the opportunity to save regularly in small amounts, it is particularly attractive to parents who wish to secure their children’s future.

• Savings are made via a current account holding a TL balance.
• Savings can be made by placing a forward gold purchase order using the relevant TL balance.
• Gold savings instructions can be issued via our mobile, online and branch channels.
• Our customers can collect the grams of gold they have saved under the KAD-SİS physical delivery scheme, subject to the costs of physical gold. This enables them to receive their savings in physical form.

• Our customers can open a Turkish Lira current account and a Gold Children’s Account either in their own name for their children or in their children’s names via accounts held in their children’s names. Once the customer onboarding process has been completed, account opening procedures can be carried out via all our banking service channels.
• Our customers can initiate the process via the ‘Precious Metals Sale’ screen on their Turkish Lira current accounts by specifying the amounts they wish to save regularly through a ‘Future-Dated Precious Metals Sale Instruction’. In this way, the customer will have issued a gold purchase instruction within the scope of the balance, payment interval and number of payments they have specified. These transactions can be carried out via all our banking channels.
• If the balance in the customer’s Turkish Lira current account does not match the amount specified in the instruction, the purchase will be carried out up to the available balance in the account. This mechanism applies when the account balance is below the amount specified in the instruction. If the account balance exceeds the amount specified in the instruction, the transaction will be carried out up to the amount specified in the instruction.

For further information and to apply, please visit your nearest branch.