Value dating: Difference between revisions
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imported>Doug Williamson (Link with Value date page.) |
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''Banking''. | |||
The practice of dating a customer transaction at some date other than the date at which the bank itself lost or gained value. | The practice of dating a customer transaction at some date other than the date at which the bank itself lost or gained value. | ||
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* [[Back value date]] | * [[Back value date]] | ||
* [[Forward value date]] | * [[Forward value date]] | ||
* [[Value]] | |||
* [[Value date]] | * [[Value date]] | ||
[[Category:Cash_management]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 20:13, 27 June 2022
Banking.
The practice of dating a customer transaction at some date other than the date at which the bank itself lost or gained value.
Used by banks in some countries as an indirect method of earning fees.
It can be applied to all methods of payment both forwards and backwards in time.
