Banking what is dr

Interest Accrual: For Certificates of Deposit, interest begins to accrue on the business day you open the. Certificate of Deposit. For all other accounts, interest begins to accrue on the business day you make a deposit. If you close an account before interest is credited, you will earn the accrued interest. We use the daily balance method to calculate interest on your account. The daily balance method applies a daily periodic rate to the principal in your account each day.

The minimum average daily balance is computed by adding the deposited funds in the account for each day of the period, and dividing that figure by the number of days in the period. Fees may reduce earnings. Certificates of Deposit: The Annual Percentage Yield assumes interest will remain on deposit until maturity.

Any withdrawal of interest prior to maturity will reduce earnings. After the account is opened, you may not make deposits into the account until the maturity date. With limited exceptions, if you withdraw any deposited funds before the maturity date, a penalty will be charged to your account. Commercial and corporate.

Join ASB. Help and Support. Rates and Fees. Calculators and Tools. Terms and Conditions. Contact us. About us. Careers at ASB. Cheque-Free update. What does 'dr intr' mean on my bank statement? Last Updated: 20 Jun Did this answer your question? How can I request a statement for my loan account? A loan statement is not currently available to view in FastNet Classic internet banking. To request a loan statement: Send Can I see my last credit card statement?

Which money management package is best if I want to export my statement? When you make an overseas transfer from your account, you have the option for any fees relating to the transfer Statements Fees Online Statements Accounts.

Can I order a statement on an account I have closed? We keep account statements for seven years. To request a statement, call us on or visit Can I print out my statements from FastNet Classic internet banking? You can print out any FastNet Classic internet banking information you see on your screen, using your print function.

Will I receive my statement via email or print? You will receive your custodial statement by the same method you have elected to receive contract notes.