Same-day funds

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Revision as of 15:22, 16 February 2022 by imported>Doug Williamson (Update - source - Association of Corporate Treasurers - email from Naresh Aggarwal 16 Feb 2022.)
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Funds transfer.

Same-day funds are money balances that the recipient has a right to transfer or withdraw from an account on the day of receipt.

The value date is equal to the date on which the funds transfer is initiated.


See also

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