Validity (validity) designation in the bank nature the appointment of the date, andem a credit note or a load on an account effective becomes. With the valid date the value date is synonymous.
The calculation of interest takes place on basis of the validity on the concerning account. In the case of different validity dates of a transfer between two accounts the same bank thus interest advantages for the implementing bank result, since for the period between denWertstellungen for the transferred amount neither on the output nor on that destination account interest is computed.
To Germany applies: With cash payments the validity must take place on the same day according to BGB.
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