Deposit Products and Interest Calculation
Interest errors are small individually and enormous across a book, and customers notice when their statement does not match what they were told. This course covers deposit products and calculating interest correctly.
Course outline
What this programme covers, module by module.
- 01Deposit products and the terms that define them
- 02Interest bases, day counts and accrual conventions
- 03Compounding, capitalisation and value dating
- 04Notice periods, early withdrawal and penalties
- 05Tax treatment and withholding on interest
- 06Explaining returns to customers without misleading
- 07Reconciliation, error detection and remediation
What you will gain
- Explain the main deposit product types and their terms
- Calculate interest on different accrual bases
- Apply compounding, capitalisation and value dating
- Handle early withdrawal, penalties and notice periods
- Explain returns to customers accurately
- Reconcile interest expense and detect calculation errors
Who should attend
- Deposit and account operations staff
- Branch and customer service teams
- Product and finance staff in banking
- Internal auditors reviewing interest
Upcoming sessions
| Date | City | Duration | Fees | Book |
|---|---|---|---|---|
| 27 to 29 Oct 2026 | London | 3 Days | US$1,500 | |
| 17 to 19 Nov 2026 | Dubai | 3 Days | US$1,500 | |
| 7 to 9 Dec 2026 | Pretoria | 3 Days | R13,000 | |
| 11 to 13 Jan 2027 | Durban | 3 Days | R13,000 | |
| 1 to 3 Mar 2027 | Cape Town | 3 Days | R13,000 | |
| 3 to 5 May 2027 | Johannesburg | 3 Days | R13,000 | |
| 12 to 14 Jul 2027 | London | 3 Days | US$1,500 |
Fees are per delegate and exclude VAT. Public intakes are confirmed once minimum numbers are met. We also deliver this course on your own schedule, in-house or live online.
Enquire about this course
Register your team or ask for a tailored in-house quote. We reply within one working day.
WhatsApp usCourse brochure (PDF)- Fees from
- R13,000 per delegate
- Duration
- 3 Days
- Field
- Banking & Financial Services
- Formats
- In-house, public, online
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