ACCOUNT

• Gold Current Account is transacted at 995/1000 purity and is affected by the gold’s price. You do not pay any labor cost for gold trade.
• Gold Current Account is opened at least 0.01 gram through all of the alternative delivery channels. Gold Current Account holders may deposit and/or withdraw from their accounts any time without any limitation.
• You do not have the problems of transporting and keeping.
• You may transact on our Internet Branch.
• Gold Current Account is exempted from annual fee.
• You can eliminate any risk of loss or theft.
• You can physically receive your gold (5 kg or more) in your account in multiples of 1 kg.

*Gold Accounts, Special Current Accounts and Participation Accounts (which are not subjected to commercial transactions and opened by real persons) in Participation Banks are insured up to an amount of equivalent 150,000 TL per person.

• In the Gold Current Account, only the gold that is held in our stocks is sold.
• Same gold is not sold to more than one person.
• The gold which is registered in grams in the accounts, is kept as gold bullion in the Albaraka Turk’s safe box in the Istanbul Gold Exchange and the settlement and custody revenues are paid by our Bank on behalf of the customer.
• You need to contact our bank where your account is open 2 business days before you start physical gold transactions
• In physical gold delivery, 0.08% commission fee is charged over the gold value.
• You can visit the nearest Albaraka Türk Branch to open the Gold Current Account and you can get detailed information from Alo Albara at 444 5 666 or 0850 222 5 666.