Hi,I rang about the calculations today and the guy on phone said they were waiting for Central Back 'approval' before starting to issue calculations .Whether that is believable or not I will let you decide I got a letter today with the forms for the Complaints Panel so that arrived quite quickly.
Padraic Kissane and I met with permanent tsb on Tuesday and they told us that where people have asked for calculations, they will be sent out in the coming days. While the interest will be calculated daily, people will get a month by month statement so it will be easy to check.
I am guessing that they are trying to make sure that what they send to people is understandable. It's also possible that the Central Bank has to approve the format.