Yuvam (Deposit and Participation System for Residents Abroad) Account

• Yuvam Account is a product with the exchange rate protection feature.
• The Yuvam Account product can be used by the citizens of the Republic of Turkey over the age of 18 who have a work or residence permit abroad or the residents abroad who have a Blue Card and foreign citizens who meet the requirements for opening an account in banks.
• The minimum amount required for opening an account is TRY 1,000 at QNB Mobil and TRY 10,000 at Branches, to be opened only in TRY.
• The account can be opened for 3-, 6-, 12- and 24-month terms.
• Account opening and closing can be performed between 10:00 am and 16:00 pm.
• When opening an account, the TRY deposit interest is determined and at the end of the term, the interest yield is compared to the exchange rate yield and the higher one is applied to the account. If the yield to be calculated taking into account the exchange rate determined at the opening and the exchange rate at the end of term is greater than the interest yield determined at the opening, the missing part will be completed automatically at the end of term.
• You can open your account in any one of the currencies of USD, EUR, GBP or CHF with currency protection.
• In the conversion transactions and determining the exchange rate at the opening of the account, the latest exchange purchase rate announced by the Central Bank of the Republic of Turkey at the time of the opening of the account on the day of the transaction will be taken as a basis. The exchange rate calculations at the end of the term will be based on the foreign exchange purchase rate announced by the Central Bank of the Republic of Turkey at 11:00 on the trading day.
• If the end of the term coincides with a holiday, the first working day will be determined as the end of the term.
• If the account is closed before the end of the term, the CBRT foreign exchange purchase rate determined at opening time on the date of opening the account is compared with the CBRT foreign exchange purchase rate announced at 11:00 on the date of closing the account. The account balance will be updated based on the lower exchange rate, and if the exchange rate is lower on the date of closing the account, there may be a loss on the principal at the start date of the term.
• The features, operating manner, and principles of Yuvam Account have been determined by the CBRT.
• Click here to access the Information Booklet about Yuvam Accounts published by the CBRT, which contains detailed information.

You can learn about the interest rates by contacting our nearest branch.

The tax withholding rates on interest income from deposit accounts, based on the maturity period and currency of the deposit, are outlined in the table below. 
These rates apply to accounts opened or renewed between February 1, 2025, and April 30, 2025.

• You can easily open your account by following the steps of QNB Mobile->Open an Account-> Opening a YUVAM Account. 
• You can open Yuvam Account also from our branch offices. 
• If you are not a QNB  customer, you can easily become our customer and open your account by downloading QNB Mobile from the application store on your phone.

No deposits to or withdrawals from your Yuvam Account can be made during the term.  If you want to withdraw money before the expiration of the term, you will need to close your account early.

If you close Yuvam Account early, you will not be able to earn interest yield from this account. In addition, in case of early closing, the USD purchase rate announced by the CBRT at 11:00 on the date of opening the account is compared with the USD purchase rate announced by the CBRT at 11:00 on the date of closing the account and if the exchange rate is lower, there may be a loss in the principal at the start date of the term.