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  • eskbanker
    eskbanker Posts: 38,022 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    B_G_B wrote: »
    Interest period for May was 30 days because Monday 1st May was a bank holiday. Interest on £1500 for this month (May) should be £3.65.
    This - interest periods run from the second working day of one month to the first working day of the following month, so vary in duration and don't correspond to calendar months. Hence the interest at the beginning of April being 33 days worth (£4.01) and so on....
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    OP, perhaps edit the title of the thread, as the interest has been calculated and paid correctly?
  • dontgetcaught
    dontgetcaught Posts: 38 Forumite
    EachPenny wrote: »
    So you use mirrored SO's to achieve the minimum pay-in? In which case, what day of the month do you do these?
    Full amount every Monday unless bank holiday then Tuesday

    The TSB computer is the Lloyd's computer and Lloyd's with fluctuating balances was spot on.
  • dontgetcaught
    dontgetcaught Posts: 38 Forumite
    You do get interest on Bank Holidays, and you pay it is you owe them
  • eskbanker
    eskbanker Posts: 38,022 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Archi_Bald wrote: »
    OP, perhaps edit the title of the thread, as the interest has been calculated and paid correctly?
    ....unless OP only received £3.53 ;)
  • dontgetcaught
    dontgetcaught Posts: 38 Forumite
    END

    I got it from the wrong sheet for TSB and Right Sheet For Lloyds

    Eating double portion of Humble Pie, and choking on it.

    Very Sorry
  • badger09
    badger09 Posts: 11,681 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    dontgetcaught wrote: »
    END

    I got it from the wrong sheet for TSB and Right Sheet For Lloyds

    Eating double portion of Humble Pie, and choking on it.

    Very Sorry


    You're only human.

    But please edit your thread title.
  • EachPenny
    EachPenny Posts: 12,239 Forumite
    10,000 Posts Combo Breaker
    dontgetcaught wrote: »
    Eating double portion of Humble Pie, and choking on it.

    No need for any choking, we all have the odd 'moment' now and again :)
    "In the future, everyone will be rich for 15 minutes"
This discussion has been closed.
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