QUOTE(LoTek @ Jul 31 2022, 11:02 AM)
Probably to do with the weekend. Some banks have policy to put the fd ending only on working day iirc.
QUOTE(Human Nature @ Jul 31 2022, 11:11 AM)
22 July 2023 is a weekend, so auto adjusted to weekday
QUOTE(gaffer9678 @ Jul 31 2022, 11:17 AM)
24th July 2023 is a Monday. Normal for bank to forward maturity date to a business day. Interest will be calculated for the additional 2 days for this 12 month FD. This reason for this practice is due to complain by customer is that they cannot withdraw their FD maturing on a non business date, eg Saturday or Sunday.
QUOTE(babysotong @ Jul 31 2022, 11:19 AM)
Have you checked whether 22 Jul 2023 is a weekend or weekday? Some banks "moved" the end date to a weekday as people might withdraw via OTC and not internet banking.
Thanks for all your replies and the info, very helpful.
Been a while since placing OTC.. eFDs of certain banks, maturity can be on weekend too.