Turn Your Savings into Profit

Easily Turn Your Savings into Profit with DestekBank Repo!

Add Value to Your Savings

Your TL and foreign currency balances are used in daily repo transactions on your behalf, and your earnings grow every day.

Earn with Advantageous Interest Rates

Securely grow your TL and foreign currency savings by benefiting from DestekBank's advantageous repo interest rates.

earn profit with attractive interest rates

Save Time, Grow Your Savings

The TL and foreign currency balances in your DestekBank investment account are automatically invested in repo at the end of the day, allowing your money to grow effortlessly.

Learn Interest From Repo

USD

EUR

GBP

Taxes (withholding) calculated on interest income are included. Withholding rate is %15.

Interest Rate (Gross)%34

Net Interest0,00 TL

Net Return Amount0,00 TL

How to Make a Repo Transaction?

The TL and foreign currency balances in your investment account are automatically repoed at the end of the day.

Your TL and foreign currency balances invested in the repo are valued overnight.

No additional action is required on your part; the balance automatically earns a return through the repo transaction.

Carry Your Bank in Your Pocket

Easily manage your financial transactions with the DestekBank Mobile.

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Frequently Asked Questions

Repo is a type of money market transaction. In this transaction, securities (usually government bonds) are sold by the Bank to the customer with the commitment to buy them back at the agreed maturity date. At the maturity of the repo transaction, the Bank repurchases the securities sold to the customer and pays the customer's money plus interest calculated over the agreed term to the customer's account.

A repo transaction is carried out through a contract between two parties. The buyer (repo seller) buys securities from the seller (repo buyer) for a certain period of time and pays an agreed interest in return. The seller has a commitment to buy back the securities at the end of the term.

Overnight repo rate is the interest rate charged on agreements where a repo transaction is conducted overnight. In such repo transactions, the securities are repurchased after one day and interest is calculated over this period.

Repo transactions are used to meet liquidity needs in the market, to provide short-term funding, or to allow institutions to earn a return on TL and foreign currency balances. They can also serve as an alternative investment instrument for investors who do not want to take on the risk of holding securities.

You do not need to make a separate transaction to perform repo transactions. The TL and foreign currency balances in your investment accounts at DestekBank are automatically repoed at the end of the day.

The TL and foreign currency balances in your DestekBank account are automatically repoed at the end of the day. All your TL and foreign currency balances in the account will be included in the repo transaction.

The interest rate changes as the amount to be repoed increases.

Any individual who is a citizen of the Republic of Turkey and over the age of 18 can receive repo. Legal entities can also apply for DestekBank repo.

TL and foreign currency balances left in your account at the end of the day are repoed daily. Withholding Tax is deducted on the repo return.

The TL and foreign currency balances in your account is automatically repoed every day between 17:45 and 08:00. The reason why the balance in your account is not immediately visible is because it is in repo. The repo balance will be credited to your account after 08:00 the next day. The balance becomes visible in your account after this process.

Yes, you can continue to make TL and foreign currency transactions while your money is being valued through daily repo.

Repo transactions are short-term investment instruments. The reason why your foreign exchange transactions do not appear in your account immediately is that the balance is in repo. Your repo balance is posted to your account after 08:00 the next day. Your foreign currency transactions will also appear in your account after this process

You can view the transactions you made between repo hours by clicking on the Transaction Book field under the Foreign Exchange Trading tab in DestekBank DestekBank Mobile and Internet Branch.