A value date is a future date that is used for determining the present value of a product or security that fluctuates in price. It is the date at which funds, assets, or moneys value becomes effective.

What is value date and maturity date?

Value Date Definition. A Value Date, or maturity date is the date on which counterparties to a financial transaction agree to settle their respective obligations by exchanging payments and ownership rights. The typical Value Date for a Spot forex trade is two business days.

How do I know if my bank transfer is successful?

If you no longer see a yellow “Processing” tag next to your transaction, it means the bank transfer was successful. You should see the money reflected in your bank account. Successful bank transfers will have no tags.

Can you transfer money from your bank account to another persons bank account?

Thanks to electronic banking options, you can send money to another persons bank account by visiting your local branch and requesting the transfer, using your banks online portal or mobile app to move the funds or by calling the bank and ordering the transfer over the phone.