Bank Guarantees

[banker]

That is true  
50.000 ytl for per person  

regards

alper

[JohnF]

quote:Originally posted by tel

I asked in Finans and the answer was 50k ytl per named person..ie joint account would be 50k each.  But I would not like to say that multiple accounts would do the same.  My guess is one pay out per person.  To be checked out LOL

Correct guess; the government guarantee 50,000TL protection per account holder, not per account.

JF

[tel]

It is 50k ytl per named person per bank. Multiple accounts in the same named brand bank, still only 50k ytl maximum, with the exception of a joint account which will pay 50k ytl each name.

[JohnF]

quote:Originally posted by tel

It is 50k ytl per named person per bank.

I think you'll find that it is definitely 50,000TL per account holder; this is irrespective of how many accounts/banks are involved - and also you only get one bite at the cherry, i.e. if you have to claim under the TCB guarantee scheme, then you can only do it once.

That's the way it is just now - it could be different tomorrow, especially given the current financial climate.

JF

[Mr Pickles]

My 376 YTL with ING is safe then - phew, what a relief!!!

[Gorgeous_bird]

quote:Originally posted by Mr Pickles

My 376 YTL with ING is safe then - phew, what a relief!!!

I know I was in a panic about my 400 lira with ING . Although I think I am going to take it out when I'm there in October not for safe keeping but putting it in a bank that can cope with Direct Debits for Electricity.

[wickwilly]

Although all the banks are guaranteed to pay out 500000 ytl per account holder has anyone considered how long it would be before the Govt actually paid out?. My solicitor reckons it could be up to 4 years before it was all sorted out.
WW

[savoyboy]

So what Banks do you think are safe?

[wickwilly]

In the current climate, probably none!!!.

WW