Value date and transaction date
25. Value dates: values D-1 / D / D+1. Working days (Monday to Friday) Standby value. D - 1. Date. of operation. Next day value. D + 1. Value. D + 1 calendar. MONDAY. TUESDAY. WEDNESDAY. THURSDAY. FRIDAY. SATURDAY. SUNDAY. Sleep value. D - 1. Next day value. D + 1. Value. D + 2 working days. Course page No. 13. Definition based on a concrete example: Day D: day on which the operation is carried out. Calendar day: day of the week from Monday to Sunday inclusive. Working day: working day in the week. Ex: value D + 2 working hours for a check given for collection on Friday, will be available on Tuesday (see diagram) Prior value: day before the transaction. The amount of a check arriving for payment on Friday will be debited value D – 1, that is to say on Thursday. Next day value: day “next day” of the operation. The amount of a transfer made on Thursday will be credited value “D + 1”, on Friday or Monday depending on the working day dates. Value for D. Working days (Tuesday to Saturday)
What is the date on which I have to make a deposit or a withdrawal in my bank account? This question aims to answer the concerns of many of you who are regularly victims of high bank charges without knowing why. In fact, many people often find it difficult to understand what happens to their bank account after being debited with a high agio amount. This situation is essentially linked to a lack of financial education. In fact, by consulting the operations of our bank statement, we can see that there are two date data for each of them. This is the date on which each operation is carried out and its value date.