Gold For Kids Account

The "Gold for Kids Account" is a special savings product in Turkish Lira, which can be opened on behalf of children under the age of 18, allowing for gold savings through regular or flexible payments. Through this account, parents can build safe and stable savings for the children under their guardianship.

The Turkish Lira amounts deposited into the account by our customers are converted into gold savings in accordance with the customer's purchasing power and frequency. Contributions can be made regularly by setting up an automatic payment order, or flexible payments can be made periodically as desired.

In this way, our customers' savings are both protected in value and accumulated in compliance with Interest-Free Banking Principles and Standards.

Account details can be easily tracked and managed by the customer through all of our bank's channels.

THE IMPORTANCE OF GOLD AS A SAFE SAVINGS INSTRUMENT

Gold has been a preferred investment and savings instrument for thousands of years because it is seen as a "safe haven." When you want to save gold for your children, you can store your gold in our bank safely and without extra costs, and grow your savings with regular purchases.

Since the product offers the opportunity to save in small amounts and on a regular basis, it is particularly attractive for parents who want to secure their children's future.

FEATURES:

• Savings are made through a current account with a TL balance.
• Savings can be made by giving a future gold purchase order for the relevant TL balance.
• Gold savings instructions can be given via mobile, internet, and our branch channels.
• Our customers can take delivery of the gold grams they have accumulated within the scope of KAD-SİS physical delivery, subject to physical gold costs. This way, they can obtain their savings physically.

UTILIZATION PROCESS:

• Our customers open a Turkish Lira Current Account and a Gold Current Account either in their own accounts for their children or through accounts belonging to their children. After the customer onboarding processes are completed, account opening procedures can be performed through all our banking service channels.
• Our customers initiate the process via the Future-Dated Precious Metal Purchase Order for the amounts they wish to save regularly from their Turkish Lira Current Accounts through the Precious Metal Sale screen. In this way, the customer will have placed a gold purchase order within the scope of the balance, payment interval, and number of payments specified. These transactions can be performed through all banking channels.
• If the customer does not have the balance specified in the instruction in their account (TL Current Account), the purchase transaction will be executed up to the available balance in the account. This mechanism works if the balance is below the amount specified in the instruction. If there is a balance higher than the amount specified in the instruction, the transaction is carried out only for the amount specified in the instruction.

For detailed information and application, you can visit your nearest branch.