banking

ive@karsiyaka



Joined: 24/02/2008
Posts: 169

Message Posted:
13/10/2008 19:56

hi all,



can any one please tell me the maximum deposit that will be guaranteed in a bank in the TRNC the deposit will be in turkish Lira .



REGARDS iVE

ive@karsiyaka



Joined: 24/02/2008
Posts: 169

Message Posted:
13/10/2008 20:53

Anyone any idea?

johns


Joined: 26/07/2008
Posts: 32

Message Posted:
13/10/2008 22:28

Ive, Sekerbank gaurantee is 20.000 euro which I believe is approx 35.000 lira. No idea what the other banks are !



John

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
13/10/2008 23:24

They all offer same amount, for some reason quoted in Euros!!!

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
14/10/2008 08:35

have you not learnt about the trnc guarentees by now!

ive@karsiyaka



Joined: 24/02/2008
Posts: 169

Message Posted:
14/10/2008 09:41

Thanks all...

Littlenige



Joined: 24/12/2006
Posts: 3594

Message Posted:
14/10/2008 13:51

continental now open in karalanaglu +20 %

CJtill


Joined: 02/05/2008
Posts: 836

Message Posted:
14/10/2008 17:47

Continental Bank are still giving 6% on stirling if you tie it up for 3 months, which in theory is pretty good. On asking, I was advised that the first 20,ooo Euros was guarenteed by the Cyprus Central Bank, though when push comes to shove it probably matches the Iclandic promise.

breezyboy


Joined: 14/05/2007
Posts: 1179

Message Posted:
14/10/2008 18:14

In July I tried to establish if the amount then quoted as 10000 euros was per account or per person and I got varying views from different banks. One of these said it didnt matter as their bank had more money than the TRNC government. Another said 10k euros per person or 20k in joint names.

Today Iktisat divided a payment into 33000ytl tranches in one name to be covered by 20000 euro guarantee.

No idea who is right!

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
14/10/2008 20:16

The correct answer is 20,000 euros per account. So what Iktsatbank have done for you is correct.



That said, if a crisis does come about, which is unlikely in the view of most here, you may not get your money and certainly not very quickly. They were still settling 3 years after the event in 2001.



For me, best thing is to ignore any comments of doom and gloom on all of these forums and just make your own mind up based on logical process.

ive@karsiyaka



Joined: 24/02/2008
Posts: 169

Message Posted:
16/10/2008 12:14

THANKS all for your replies.



Ive.

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
16/10/2008 18:17

Iktisatbank confirmed to my friend by email that it is 20,000 Euros per account. She was told she could have as many accounts as she wanted and it would not affect the interest rate.

witchfinder



Joined: 10/04/2008
Posts: 155

Message Posted:
18/10/2008 18:30

Has any body had their electric and water bills by direct debit which bank and have you come a cross any problems



Thanks for any replies

























tcht

breezyboy


Joined: 14/05/2007
Posts: 1179

Message Posted:
19/10/2008 14:50

Further to above post Turk bankasi confirmed 20000 ytl per account.

if you go to open an account there keep a day spare they are so slow and have girls who do not have a clue what to do . Same job at Iktisat took 4 minutes , at Turk bankasi Karakum it took 55 minutes.