• Estimated general interest charge - calculation details

    This screen allows you to view calculation details of an estimated general interest charge (GIC) transaction.

    The amount calculated is an estimate only and based on account transactions processed to the time of this request. The estimate may be affected by subsequent transactions being applied to the account.

    Estimated general interest charge calculation details

    Each row reflects either a change in the amount on which GIC is calculated or a change in the interest rate over the period for which GIC has been calculated.

    Screen fields:


    Date from

    The start date of a GIC calculation interval.

    Date to

    The end date of a GIC calculation interval.

    Interest rate %

    The GIC interest rate which applies to the calculation interval (GIC rates are reviewed quarterly).


    The number of days within the calculation interval including the ‘Date from’ and ‘Date to’.

    Calculate on

    The amount on which the calculation is based. It is the total amount due for payment during a calculation interval.

    Calculated general interest charge

    The GIC amount calculated for the interval.



    GIC is calculated on a daily compounding basis.

    Total estimated general interest charge

    The total estimated amount. It will be the sum of the calculation intervals.


    Select payment options from the left hand menu for information about how to make a payment and print a payment slip.

    Account queries

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