Forward Transactions

Don't Be Affected by Fluctuations in Foreign Currency Markets
Forward Foreign Exchange Transactions (FORWARD)

A time deposit account that provides investors, who need to use the daily balance in their current account for investment purposes, the opportunity to earn overnight income.

You can make trading transactions by determining the exchange rate for a future term. It is sufficient to deposit 20% of the transaction you will make for this product to our Bank as blocked deposit. The foreign exchange will be traded on the maturity date at the previously agreed exchange rate, so you will protect yourself against exchange rate changes.

The Advantages of
Forward Transcations

Balances in overnight time deposit accounts provide the opportunity to draw / invest balance during the day.
It provides investors with the opportunity to earn returns on their current accounts.
Since it is a time deposit account type, it is not subject to fees such as account management fees as in demand accounts.

Things to know about
Forward Transactions

  • It will be sufficient to visit our nearest branch and sign the relevant transaction document.
  • Right after the necessary documents are signed and submitted to the Near East Bank Customer Respresentative, you will be informed about your application within a week.

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