C. Bank interest 621

C. Bank interest

b Includes bank interest.

Interest income includes all interest from various bank accounts and investment income earned on invested funds.

(vii) Interest income includes all interest earned on deposits in various bank accounts and investment income earned on the cash pool.

Miscellaneous income normally includes bank and investment interest and income from publications and services.

(c) The working group also noted that bank interest was accounted for elsewhere (see para.

It is estimated that bank interest to be earned in 2006 2007 would amount to 1,990,100.

UNENCUMBERED BALANCES OF APPROPRIATIONS, INCOME FROM NEW MEMBER STATES AND INTEREST INCOME IN EXCESS OF BUDGETARY ESTIMATES

Funds on deposit in interest bearing bank accounts, time deposits and call accounts are shown in the statements of assets and liabilities as cash.

In previous bienniums, bank charges were shown as a net amount after the interest income had been offset against the charges under Investment Management Service.

However, income arising from miscellaneous sources, that is, bank interest, exchange rate gains and other miscellaneous income are recognized on the accrual basis of accounting.

Indeed, some countries including the United States impose no taxes on interest from large bank deposits by non resident aliens.

Interest

Bank secrecy

The Banking Conundrum

Banking

Bank signatories

(i) Unencumbered balances of appropriations and interest income in excess of budgetary estimates amounted to 803,441 the respective share was distributed to eligible Member States with the 2005 assessments.

Getting Bank Culture Right

China s Banking Revolution

Bank charges

Opening of bank accounts

Reconciliation of bank accounts

Bank accounts.

D. Bank charges 585

D. Bank charges 154.4 154.4 11.6 166.0

H. Banking

In their bank accounts.

(i) Unencumbered balances of appropriations and interest income in excess of budgetary estimates amounted to 803,441 the respective share was distributed to eligible Member States with the 2005 assessments

Benefits and principles

(iii) Interest income

(g) Interest Income

(a) Interest income 631 929 631 929

4. INTEREST AND MISCELLANEOUS INCOME

(a) Interest income 2 077 121 2 077 121

(c) Interest income 169 480 1 897 392 2 066 872

(a) Interest income

(a) Interest income

(a) Interest income

4. Interest and miscellaneous income

You should pay for the interest too.

The European Banking Disunion

Segregation of banking duties

Segregation of banking duties