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Maturity 1 year bond cash early.

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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.

Comments

  • Ayr_Rage
    Ayr_Rage Posts: 2,718 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    edited 10 May at 4:43PM
    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
    Bob2000 Posts: 304 Forumite
    100 Posts Name Dropper Photogenic
    edited 10 May at 9:44PM
    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.
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