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Banking history in My Account

_Mr_Chips__Mr_Chips_ Member Posts: 257
Where does it get the figures from? Mine says: Since April 1st 2018 your account is £xxx up but I have no idea how they arrived at the amount.
I would have thought to determine if an account was up or down you take current balance, minus deposits and plus withdrawals.
Say you deposit £20 and now have £100, having withdrawn £50, you would be £130 up.

Comments

  • Bean81Bean81 Member Posts: 584
    The banking history is incorrect by any reasonable definition.

    With that said, your example seems off. In your example, your banking history would be £30 up. Think of it this way: you get paid 100, withdraw 50 and find 300 on the street. Your bank statement would say 50.
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