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ING Gold Account

ING Gold Account

With ING Gold Account, you can invest your savings without the risk of your gold being lost or stolen, and perform your purchase and sale transactions in grams.

You can instantly open your account through the Online Banking Investments menu ING Gold Account step or by calling 0850 222 0 600 Telephone Banking.

Features

  • In ING Gold Account 1 gram of gold in 1000/1000 purity is worth 1 XAU.
  • You can perform transactions on a gram basis, thus you can have the opportunity to invest with very small amounts.
  • You can securely invest your savings in gold without the risk of your gold being lost or stolen.
  • You can take advantage of real time price changes in your intra-day transactions.
  • You can perform transactions 24/7 through Online Banking and 0850 222 0 600 Telephone Banking.
  • You can perform money transfer transactions to your ING Gold Accounts at other ING branches.
  • You can also open your ING Gold Account through our nearest branch.
In accordance with the “Regulation on Deposits and Participation Funds Subject to Insurance and Premiums Collected by Savings Deposit Insurance Fund” published in the official Gazette number 26339 dated 07/11/2006; For individual accounts -where commercial transactions are excluded with the exception of checking activities- opened in domestic branches of a credit institution that operates in Turkey, in forms of Turkish Lira, foreign exchange currency and precious metals accounts, principal plus the interest of the savings deposit accounts are insured up to 100.000 TL per each individual.

**In purchase-sale transactions of the customers, prevailing gold prices in gram and ounce on İstanbul Gold Exchange will be in effect. Gold prices fluctuate according to the market conditions and foreign currency exchange rates. Therefore, as the amount in your Gold Account will change, the TL amount deposited to your account may appreciate in value or drop below the principal.

***Within the scope of ING Gold Account, gold purchase-sale transactions are performed on record, and physical delivery is not possible.