Spanish to English translations [PRO] Bus/Financial - Finance (general) / calculation of bank account interest | | Spanish term or phrase: tramos de saldo medio | "Los saldos a favor del Titular causarán el devengo de intereses que serán abonados en la cuenta según lo establecido en las condiciones particulares, del contrato determinándose su importe absoluto (I) sobre la base de una de las siguientes fórmulas:
a) Calculada por el saldo diario:
b) Calculada en relación al saldo medio:
c) Calculada por tramos de saldo medio: I = suma de intereses correspondientes a cada tramo de saldo."
Many thanks |
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| | Ranges of average balance(s) | Explanation: This means that the interest rate that applies is calculated on the basis of a range of average balances. For example, a range of average balances of, say, $2000 to $2499 will receive a higher interest rate than one with a range of $1500 to $1999.
My best guess. |
| Selected response from: argosys Local time: 02:55
| Grading comment Many thanks 4 KudoZ points were awarded for this answer |
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