Maturity 1 year bond cash early.

Bob2000

This isn't really a problem, but I just looked on my main current account  to find my 1 year bond as already been deposited  with interest when it was due to mature  Monday 12th.

I gave instructions  on the 5th to close the account on the maturity  date.

Like l already said, the interest is what l was expected it to be, but will l have lost 2 days interest??

The account  is with an Islamic  bank if that is important.

Ayr_Rage

If they have paid the profit for the full term then you haven't lost anything by them paying it to you now.

Edit : If you can now move it into another savings account then you can get 1/2 days of extra return!

Bob2000

Ayr_Rage said:

If they have paid the profit for the full term, then you haven't lost anything by them paying it to you now.

Edit : If you can now move it into another savings account then you can get 1/2 days of extra return!

Good point
Already re-deposited.