On March 2 1, your account No.0978 of Agricultural Bank of China completed the interest settlement transaction of 75.47 yuan. What do you mean?

This means that the account receives 75.47 settlement interest.

Receiving a text message saying that the interest settlement transaction is completed means that the bank settles the deposit and loan interest at the agreed interest rate according to the deposit and loan accumulation in the bank.

General deposit and loan interest is settled quarterly at the monthly interest rate, that is, the 20th of the last month of each quarter is the settlement date (March 20th, June 20th, September 20th, 65438+February). The start and end date of interest calculation is 2 1 day of last quarter month to 20th of last quarter month.

Extended data:

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The length of different periods, such as 1 month, 1 year, 3 years, etc. There will be different annual interest rates or daily interest rates, so the settlement methods of banks are different, and the amount of interest settlement generated is also different. The interest settlement transaction of Agricultural Bank of China is calculated according to customers' different deposit periods and current profits, and then transferred to savings customers' accounts in cash; If you are a lender, you also need to pay bank interest on the standard quasi-maturity interest. ?

Note: Interest settlement amount of interest settlement transaction can be inquired through online banking or bill. Generally, every bank will indicate it in the remarks column.