Calis Beach and Fethiye Turkey Discussion Forum

Information and Services in Turkey Section => Banks, Interest, Money Transfers, Insurance => Topic started by: karaokemark on September 14, 2008, 17:42:20 PM

Title: What is this please
Post by: karaokemark on September 14, 2008, 17:42:20 PM

I was looking at my Finnans account on line and saw this in the summary can anyone please tell me what it means

2 PAY OTOMATiK FON SATIS

Thanks

Title: What is this please
Post by: my way on September 28, 2008, 09:38:57 AM

Every day the banks invest your money in a kind of banking auction.
This in turn makes you money. The banks then give you a share of this but tax you at 10% on the proceeds.
The bank wins, you win, the government wins.