You receive interest on the money held in your account. If you withdraw money from your account, you will stop receiving interest on the amount from the interest date onwards or you will pay debit interest from that date if you are overdrawn after you have withdrawn money from your account.
The entry date and interest date may differ at times. This is the case in the following situations:
- For payments made from abroad: if you receive money from abroad, we will enter the amount in your account as soon as ABN AMRO receives a notification about it. We also do this if the interest date for the incoming payment is in the future so that you know right away that the money has been transferred. Please note: if you transfer this amount to another account before the interest date, you may have to pay debit interest.
- For payments relating to investment transactions, loan and mortgage repayments and the settlement of banking service costs: the interest date is stipulated in a contract. The entry may be made at a later stage.
- For correction entries: if you have a direct debit refunded, for example.
