ACCOUNT PLEDGE AGREEMENT

Contract Date: [Day/Month/Year]
Contract No: [Number, if any]

This Account Pledge Agreementbetween the parties whose details are provided below, the Turkish Code of Obligations No. 6098, the Turkish Civil Code No. 4721, and the Banking Law No. 5411 .

1. PARTIES

Pledger (Customer):

Name/Title: [Customer Name]
TR Identity Number / Tax Number: [XXXXXXXXXX]
Address: [Customer's Address]
Phone: [XXXXXXXXX]
Email: [XXXXXXXXX]

Pledgee (Bank or Financial Institution):

Title: [Bank / Financial Institution Name]
Tax Number: [XXXXXXXXX]
Address: [Bank Address]
Phone: [XXXXXXXXX]
Email: [XXXXXXXXX]

The parties will be referred to as "Pledgor" and "Pledgor" in this agreement .

2. SUBJECT OF THE AGREEMENT

The subject of this agreement is the establishment of a pledge on the Pledgor's bank account as security for the Pledgor's existing or future debts to the Pledgee, and the determination of the terms and conditions of this pledge.

3. ACCOUNT INFORMATION SUBJECT TO PLEDGE

Account subject to collateral:

Bank Name: [Bank Name]
Branch Name: [Branch Name]
Account Number: [XXXXXXXXX]
IBAN: [TRXXXXXXXXXXXX]
Account Type: [Current Account / Time Deposit / Foreign Currency / Investment Account]
Account Balance: [X TL or Foreign Currency]

The collateral covers all amounts currently in the account and any future additions.

4. THE RIGHT OF PLEDGE AND ITS SCOPE

4.1 Scope of the Pledge

The collateral covers the current balance in the account and any future amounts that may be deposited into the account
Assets covered by the pledge include receivables, interest income, and any other additional income
The Pledgor cannot freely dispose of the account; transactions can only be made with the approval of the Pledgee.

4.2 Duration of the Pledge

The lien remains in effect until the debt is fully paid
If the debt is fully settled, the Pledgee undertakes to release the pledge and to notify the Pledgee in writing.

5. RIGHTS AND OBLIGATIONS OF THE PLEDGEHOLDER

5.1 Collection of Receivables and Use of the Secured Account

If the pledgor fails to pay the debt on time , the pledgor may use the funds in the account to collect the debt without prior notice
The Pledgee shall provide written notice to the Pledgor before converting the pledged amount into cash.

5.2 Authority over the Secured Account

The Pledgee has the right to prevent the Pledgor from withdrawing or transferring the funds in the account to third parties.
The pledgee may transfer their pledge rights to another creditor.

6. RIGHTS AND OBLIGATIONS OF THE PLEDGOR

6.1 Payment of Debt and Termination of Pledge

the pledgor settles the debt on the due date or through early payment , the pledge right automatically terminates.
If the debt is paid early, the Pledgee undertakes to lift the block on the collateral.

6.2 Non-transferability of the Pledge

The pledgor may not transfer or assign the right of pledge to another creditor.

7. DEFAULT AND ITS CONSEQUENCES

7.1 Foreclosure of Pledged Assets in Case of Non-Payment

If the Pledgor fails to pay the debt by the due date, the Pledgor may exercise priority collection rights.
The pledgee may pursue legal action and claim default interest.

7.2 Late Payment Interest and Fees

In case of delay, a late payment interest of X% will be applied.
Legal costs and expenses are the responsibility of the Pledgor.

8. PRIVACY AND PROTECTION OF PERSONAL DATA

The parties may not share the information they obtain under this agreement with third parties.
The Pledgee may process the Pledgor's information only within the scope of the relevant legislation, in accordance with the Law No. 6698 on the Protection of Personal Data (KVKK)

9. TERMINATION OF THE AGREEMENT AND DISPUTES

9.1 Termination of the Contract

The parties may terminate the contract by mutual agreement.
The pledge right automatically terminates when the pledgor's debt is fully paid.

9.2 Dispute Resolution

Any disputes that may arise between the parties will primarily be resolved through negotiation.
In disputes that cannot be resolved through negotiation, the [City] Courts and Enforcement Offices have jurisdiction.

10. FINAL PROVISIONS

This agreement [X] copies and has been read and signed by the parties.
Neither party may make changes to the terms of this agreement without written notice.
The parties declare that they accept the terms of this agreement.
The terms of this agreement shall be governed by the Turkish Code of Obligations, the Turkish Civil Code, and other relevant legislation

📌 PLEDGEKER (CUSTOMER)
Name-Surname / Title: [Customer Name]
Signature: __________

📌 CREDITOR OF THE PLEDGE (BANK / FINANCIAL INSTITUTION)
Name-Surname / Title: [Bank Name]
Authorized Person: [Authorized Person's Name]
Signature: __________

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ACCOUNT PLEDGE AGREEMENT