FORUM
  Home
  Forums
  Photo Gallery
  TLF Donations
  Forum Rules
  Register
  LINKS
  Property Buying Guide
  Didim Google Map
  Weather Station
  FUN
  Arcade Games
  Daily Crossword
  Jen's Chat Room
  Lira Exchange Rates
Old 11th July 2018, 18:08   #11 (permalink)
Member
 

Thanks: 10
Thanked 17 Times in 15 Posts
chrisandjill is on a distinguished road
Re: Sterling deposit accounts.

Are you sure it’s a sterling account,that sounds too good to be true!?
chrisandjill is offline send PM Reply With Quote
The Following User Says Thank You to chrisandjill For This Useful Post:
suecheshireuk (12th July 2018)
Old 11th July 2018, 18:12   #12 (permalink)
Just passing through
 
oldfogy's Avatar
 

Thanks: 1,560
Thanked 4,037 Times in 2,331 Posts
oldfogy has disabled reputation
Re: Sterling deposit accounts.

Quote:
Originally Posted by Jaycey View Post
Are you sure that isn't your TL a/c Laurie?

https://www.denizbank.com/en/rates-f...unt-rates.aspx
Thanks JC, must admit I was thinking it was a bit too good to be true.
oldfogy is offline send PM Reply With Quote
The Following User Says Thank You to oldfogy For This Useful Post:
suecheshireuk (12th July 2018)
Old 11th July 2018, 18:24   #13 (permalink)
Senior Member
 

Thanks: 2,570
Thanked 1,738 Times in 798 Posts
cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future
Re: Sterling deposit accounts.

Quote:
Originally Posted by Jaycey View Post
Are you sure that isn't your TL a/c Laurie?



https://www.denizbank.com/en/rates-f...unt-rates.aspx
I have T.L , Sterling, and Euro account. Wasn,t aware there there was a different rate of interest in different currencies! Bank manager must have forgotten to mention that to me! Most of the money in T.L. At this rate next year i will only be able to afford a garden shed!
cork laurence is offline send PM Reply With Quote
The Following User Says Thank You to cork laurence For This Useful Post:
suecheshireuk (12th July 2018)
Old 11th July 2018, 18:26   #14 (permalink)
Senior Member
 

Thanks: 2,570
Thanked 1,738 Times in 798 Posts
cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future
Re: Sterling deposit accounts.

Quote:
Originally Posted by oldfogy View Post
It was just 3 weeks ago when I asked my accounts manager (Jeffrey)
15% tax YES but only on the interest hence the reason why Ialways say I love paying tax cos it means I earnt more than I could/would have done in the UK.

But if Deniz bank, are paying 18% gross, then it might be time for another account.
was 17.5% in June, 18% this month.
cork laurence is offline send PM Reply With Quote
The Following User Says Thank You to cork laurence For This Useful Post:
suecheshireuk (12th July 2018)
Old 11th July 2018, 18:52   #15 (permalink)
Just passing through
 
oldfogy's Avatar
 

Thanks: 1,560
Thanked 4,037 Times in 2,331 Posts
oldfogy has disabled reputation
Re: Sterling deposit accounts.

Quote:
Originally Posted by cork laurence View Post
was 17.5% in June, 18% this month.
Are you still talking about a sterling account or as we susspect a TL account?
oldfogy is offline send PM Reply With Quote
The Following User Says Thank You to oldfogy For This Useful Post:
suecheshireuk (13th July 2018)
Old 11th July 2018, 19:48   #16 (permalink)
Senior Member
 

Thanks: 2,570
Thanked 1,738 Times in 798 Posts
cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future cork laurence has a brilliant future
Re: Sterling deposit accounts.

Quote:
Originally Posted by oldfogy View Post
Are you still talking about a sterling account or as we susspect a TL account?
T.L account
cork laurence is offline send PM Reply With Quote
The Following User Says Thank You to cork laurence For This Useful Post:
suecheshireuk (13th July 2018)
Old 12th July 2018, 10:15   #17 (permalink)
Senior Member
 

Thanks: 1,053
Thanked 4,629 Times in 1,948 Posts
Kanga has a reputation beyond repute Kanga has a reputation beyond repute Kanga has a reputation beyond repute Kanga has a reputation beyond repute Kanga has a reputation beyond repute Kanga has a reputation beyond repute Kanga has a reputation beyond repute Kanga has a reputation beyond repute Kanga has a reputation beyond repute Kanga has a reputation beyond repute Kanga has a reputation beyond repute
Re: Sterling deposit accounts.

Quote:
Originally Posted by butt007 View Post
Just had a look at HSBC interest rates on their websight. It says for over 32 days 1.5% but doesn't say how much you need to have deposited. Of course at end on maturity time. You would have to pay 15% tax Butt007
I suspect that this is an annual interest rate of 1.5% paid on a monthly deposit rate basis. So you would receive 1/12 of 1.5% for a 32 day deposit. That's the whacking great rate of 0.125% per month. At that rate you wouldn't even beat inflation at current rates.
If you are a UK taxpayer the first 1000 interest is tax free for both UK and foreign bank deposits.
__________________
Cinderella is proof that a new pair of shoes can change your life.
Kanga is offline send PM Reply With Quote
The Following User Says Thank You to Kanga For This Useful Post:
suecheshireuk (12th July 2018)
Old 12th July 2018, 15:36   #18 (permalink)
Senior Member
 
suecheshireuk's Avatar
 

Thanks: 2,636
Thanked 1,441 Times in 852 Posts
suecheshireuk has much to be proud of suecheshireuk has much to be proud of suecheshireuk has much to be proud of suecheshireuk has much to be proud of suecheshireuk has much to be proud of suecheshireuk has much to be proud of suecheshireuk has much to be proud of suecheshireuk has much to be proud of suecheshireuk has much to be proud of suecheshireuk has much to be proud of
Re: Sterling deposit accounts.

Quote:
Originally Posted by cork laurence View Post
Have a sterling account with Deniz bank, getting 18% interest. Think it's about 14% after tax.
Wow, that is amazing !!! I guess you must need to deposit at least a million to get that
Having read through all the replies, I see there has been a little confusion. Thanks kanga for pointing out the info regarding the UK banks, it may be worth me checking the UK out also. And thank you everyone for your replies. xx

Last edited by suecheshireuk; 12th July 2018 at 15:43.. Reason: I didn't read all the replies....
suecheshireuk is offline send PM Reply With Quote
Old 12th July 2018, 16:02   #19 (permalink)
Just passing through
 
oldfogy's Avatar
 

Thanks: 1,560
Thanked 4,037 Times in 2,331 Posts
oldfogy has disabled reputation
Re: Sterling deposit accounts.

Yes all interest rates are quoted per annum then deduct the tax due followed by dividing the remainder by 12 will the give you the figure of interest per month.

And not forgetting those types of interest rates are usually on Time deposit accounts (30 day Pluss) and NOT just ordinary deposit accounts

Last edited by oldfogy; 12th July 2018 at 16:07..
oldfogy is offline send PM Reply With Quote
The Following User Says Thank You to oldfogy For This Useful Post:
suecheshireuk (12th July 2018)
Old 12th July 2018, 17:04   #20 (permalink)
Grey wisdom
 
IbrahimAbi's Avatar
 

Thanks: 4,742
Thanked 6,076 Times in 2,823 Posts
IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute
Re: Sterling deposit accounts.

Quote:
Originally Posted by bashful View Post
Abi aure you being deducted $15 for each parcel of money you transfer to Turkey?
To be homest when one of us is in the UK we just bring a wad back in cash. i am not happy to pay the UK bank fees ( I seem to remember paying about 25 on 2000 once).
__________________
Cannot Save The World, Not Enough Disc Space
IbrahimAbi is offline send PM Reply With Quote
The Following User Says Thank You to IbrahimAbi For This Useful Post:
suecheshireuk (13th July 2018)
Reply

Tags
accounts , deposit , sterling


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Gold or time deposit accounts murphy36 Banking, Finance and Insurance 3 10th March 2011 21:03
Help - Internet Banking - Time Deposit Accounts traveller Banking, Finance and Insurance 0 5th November 2010 13:16
e deposit or time deposit?? lesleykay Banking, Finance and Insurance 5 23rd May 2009 08:39
e deposit accounts jokay Banking, Finance and Insurance 0 30th January 2009 00:20
E-deposit accounts jokay Banking, Finance and Insurance 5 29th January 2009 07:13



All times are GMT +1. The time now is 00:13.
TurkishLiving.com tested by Norton Internet Security TurkishLiving.com tested by McAfee Internet Security
Powered by vBulletin® Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Style Provided By: Wrestling Clique - Wrestling Forums
TurkishLiving.com


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155