Buying and Selling of Foreign Currency and Precious Metals
You can invest your savings through foreign exchange and precious metal trading transactions.
Buying and Selling of Foreign Currency
You can easily convert your savings to different currencies and make buying and selling transactions with advantageous exchange rates. You can make your foreign currency transactions 24/7 through our Mobile Banking Platform if you are an individual customer, or through our Online and Mobile Banking Platform if you are a corporate customer.
Buying and Selling of Precious Metals
You can buy and sell precious metals to safely utilize your savings and can access these transactions on our Online or Mobile Banking platform 24/7 if you are a corporate customer, on Mobile Banking platform 24/7 if you are an individual customer.
How It Works?
With Hayat FX, you can trade foreign currencies and precious metals securely and conveniently, 24/7. Individual customers can access Hayat FX through the Hayat Finans Mobile App, while corporate customers can trade via Internet Banking or the Hayat Finans Mobile App.
Get Started in Four Simple Steps
Get Started in Four Simple Steps
- Open an Account: Open a new account in just a few seconds.
- Fund Your Account: Easily transfer funds to your current account.
- Choose Your Market: Select the currency pair or precious metal you want to trade.
- Place Your Trade: Monitor market opportunities and execute your trades 24/7.
What Can I Do?
You can manage your foreign exchange and precious metals transactions 24/7 through the Hayat Finans Mobile App and Internet Banking, including:
- View the total value of the foreign currencies you hold on the My Portfolio page.
- Track your daily profit and loss on the My Portfolio page.
- Monitor live market prices.
- Track your orders and transaction details on the Transaction History page.
- Use the chart analysis tool to analyze market movements and develop your trading strategies.
Arbitrage With Hayat FX, you can perform instant transactions between currency pairs through arbitrage.
What Is Foreign Exchange Tax?
Foreign Exchange Transaction Tax (FXTT) is a tax levied on foreign currency purchase and sale transactions. In Türkiye, it is also commonly referred to as Foreign Currency Purchase and Sale Tax.
When you purchase foreign currency through a bank or a foreign exchange office, a Foreign Exchange Transaction Tax is applied at a specified rate. The tax is calculated as a small percentage of the transaction amount.
Current Foreign Exchange Transaction Tax Rate
The current rate is 0.2% (2 per thousand).
Example
Where Does the Foreign Exchange Transaction Tax Apply?
Banks: The tax is automatically applied to foreign currency purchase and sale transactions.
Precious Metals: As of March 17, 2025, book-entry gold sales conducted through demand deposit accounts without physical delivery are considered foreign exchange transactions. Accordingly, a Foreign Exchange Transaction Tax (FXTT) of 0.2% (2 per thousand) is applied to the transaction amount.
When you purchase foreign currency through a bank or a foreign exchange office, a Foreign Exchange Transaction Tax is applied at a specified rate. The tax is calculated as a small percentage of the transaction amount.
Current Foreign Exchange Transaction Tax Rate
The current rate is 0.2% (2 per thousand).
Example
- Foreign Currency: USD 1,000
- Example Bank Selling Rate: USD 1 = TRY 35
- Foreign Currency Amount: 1,000 × 35 = TRY 35,000
- Foreign Exchange Transaction Tax (0.2%): 35,000 × 0.002 = TRY 70
- Total Amount Payable: TRY 35,070
Where Does the Foreign Exchange Transaction Tax Apply?
Banks: The tax is automatically applied to foreign currency purchase and sale transactions.
Precious Metals: As of March 17, 2025, book-entry gold sales conducted through demand deposit accounts without physical delivery are considered foreign exchange transactions. Accordingly, a Foreign Exchange Transaction Tax (FXTT) of 0.2% (2 per thousand) is applied to the transaction amount.