Ziraat Katılım Account Types

Ziraat Katılım offers various types of accounts designed to cater to different customer needs. The main account types include:

• Participation Account: This account allows your savings to be utilized in financing sectors such as industry, trade, and services while adhering to interest-free banking principles. The income is shared between Ziraat Katılım and the account holder based on profit-loss sharing. You can open this account in Turkish Lira (TL), US Dollars (USD), Euros (EUR), and Gold (XAU) with a minimum starting limit of 250 TL, USD, or EUR. Terms range from 1 month to over 1 year, with flexible maturity options available for up to 1094 days.

• Current Account: This is a demand deposit account that can be opened in TL, foreign currency, and precious metals. No profit share is paid for this account, and it allows for unlimited deposits and withdrawals.

• Gold Deposit Account: A demand account that facilitates gold transactions without incurring income tax or additional expenses. This account allows you to purchase and sell gold at any time, ensuring the safety of your gold savings.

Ziraat Katılım Broker Account Opening Process

To open an account with Ziraat Katılım, follow these steps:

• Choose the Account Type: Decide whether you want a Participation Account, Current Account, or Gold Deposit Account.

• Visit the Online Branch: You can create a participation account by logging into the Ziraat Katılım internet branch, or you can visit a physical branch.

• Required Documents:

• For Turkish citizens: Identity document (Turkish ID card, driver's license, or passport) and proof of address (recent utility bill or residence certificate).
• For foreigners: Passport or residence permit, foreign identity number, and proof of address.
• Initial Deposit: Make the minimum required initial deposit based on the account type:
• Participation Account: Minimum 250 TL, USD, or EUR.
• Current Account: No minimum balance requirement.
• Gold Deposit Account: Specific requirements may apply.

• Receive Account Information: After completing the application, you will receive your account information (IBAN number, account number) via SMS.

• Welcome Call: A welcome call will be made by Ziraat Katılıms customer communication center to confirm your account details.

• Access Your Account: Once your account is active, you can access it through various channels, including online banking, mobile banking, and ATMs.

For more detailed information, you can visit the Ziraat Katılım website: Ziraat Katılım Participation Account.