ICS system lets you have cash immediately as of your mutual fund selling order, until the trade is completed and your cash from your sell order shows up.
• The system automatically sets the amount of immediate cash according to the amount of each other. The amount of the immediate cash also varies with regard to the Fund which is sold. However, the amount of immediaate cash can not be more than 40.000 TL.
• Interest on immediate cash starts accruing on the day the cash is actually used and ends when the fund selling order’s settlement is completed.
• Interest rate applied to the immediate cash is determined at the Bank’s own discretion and subject to change.
• Current interest rate on immediate cash is 2,02 % montly and total daily interest that you will pay for 1 TL of immediate cash usage is 0,0673 %.
Immediate cash (ICS) is available for Funds listed below:
-819 Privia Share Fund
-820 Privia Variable Fund
-821 TEMA Environmental Variable Fund