Everyday Banking
A bank transfer’s booking date and value date can differ
Booking dates and value dates serve different purposes. Learn what to compare when a transfer appears on a statement but its interest treatment is unclear.
MONEY, MADE UNDERSTANDABLE
bank statements
Everyday Banking
Daily Interest and Monthly Credit Dates Describe Different Stages of Saving
Understand why savings can earn interest each day even when the payment appears once a month, with a simple example and statement checks.