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Maturity 1 year bond cash early.

Bob2000
Posts: 370 Forumite

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.
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.
0
Comments
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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!1 -
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!
Already re-deposited.1
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