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Deposit
Be careful with the calculation of interest income on deposits! Nordic Bank offered a Christmas deposit for deposits maturing on 5 January. For a deposit of 1 month. rate 7%, etc. up to 12 months. rate of 12% - this is indicated on the website. But nowhere in the information was it stated that it is generally accepted (in all banks, but maybe I just do not know) is to indicate the% rate in years, so respectively 1 month. the deposit is 7/12 = 0.58%! And even more - by depositing through Internet banking on January 1, the transaction was accepted on January 5, when, as if the holiday period, the deposit was no longer valid and the annual rate was 7%. Almost free money lent to banks :(
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