All customers who open ARI Account for the first time are offered Welcome interest at VakıfBank.

ARI Account Features

• VakıfBank ARI Account is an investment tool that brings overnight interest and can be opened in TRY, USD and EUR with term deposit features.
• VakıfBank ARI Account can be opened through VakıfBank Branches, VakıfBank Customer Contact Center, VakıfBank Internet Banking and VakıfBank Mobile channels. Accounts opened at VakıfBank Branches between 9:00 a.m. and 5:00 p.m. will mature on the same day and accounts opened after 5:00 p.m. will mature on the next business day. The accounts opened through other channels until 5 p.m. on business days will mature on the same day and the accounts opened after 5 p.m. will mature on the next business day. The maturity date for the accounts opened on weekends or public holidays without a time limit will begin on the next business day.
• The minimum account opening amount is TRY 50,000, USD 10,000 and EUR 10,000.
• The welcome rate has a duration of 30 days and starts from the moment the account is opened.
• At the end of 30 days, the welcome rate will expire and will be replaced by the lapsing rate, which will be published by the Bank on a daily basis. After the welcome interest rate expires, the renewal interest rate that will be applied can change daily.
• If a customer who previously closed an ARI Account wishes to open a new VakıfBank ARI Account in the same currency, they may benefit from the introductory interest rate again, provided that 15 days have passed since the closure of the last ARI/Genç ARI Account.
• Welcome interest is valid up to TRY 25,000,000, USD 1,000,000 and EUR 1,000,000. If the account balance exceeds this amount, a lower interest rate will be applied to the excess amount. This interest rate to be applied may change every day.
• At VakıfBank Branches, money can be deposited to and withdrawn from the account as often as desired between 9:00 a.m. and 5:00 p.m. only during working days, excluding official and weekend holidays. Deposits and money withdrawal transactions can be made between 9 a.m. and 12 p.m. on half-day holidays.
• In addition to VakıfBank Branches and VakıfBank ATMs, deposits and withdrawals can be carried out via VakıfBank Internet Banking, VakıfBank Mobile application or VakıfBank Customer Contact Center. Deposits through these channels can be made between 9 a.m. and 5 p.m., including official and weekend holidays, and withdrawals can be made between 6 a.m. and 11 p.m. every day, including official and weekend holidays.
• ARI Account, the minimum balance requirement is TRY 25,000 for TRY accounts, and USD/EUR 1,000 for USD and EUR accounts.
• Instant EFT/wire transfer transactions can be made from the account, but future and regular EFT/wire transfer orders cannot be given. Swift transactions cannot be performed.
• While EFT and wire transfer transactions to be carried out from your ARI Account via VakıfBank Internet Banking and VakıfBank Mobile channel are free of charge, fees will be charged for EFT/wire transfer transactions to be carried out via branch and Customer Contact Center channels. The Bank reserves the right to make changes regarding EFT/wire transfer transaction fees. When any change is made in the EFT/wire transfer transaction fee, the cost information will be displayed on the screen before the transaction is made.
• A customer can have a maximum of one open VakıfBank ARI Account in each of TRY, USD and EUR currencies at the same time.
• No joint account can be opened.
• The interest amount to be applied to the VakıfBank ARI Account is calculated for a single day based on the account’s end-of-day balance with the interest rate to be applied and it is reflected on the account’s balance the next morning. Withholding Tax (Tax Deduction) is applicable on the interest income earned at the rate specified in the legislation.
• Campaign terms and interest rates may vary.