Same Day Value definition

Same Day Value means that the relevant funds shall be available to the Beneficiary on the same day as the funds transfer has been authorised by us without any loss of value arising between such authorisation and the funds being available for use by the Beneficiary;
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Same Day Value means the transaction to which it is referred is to be executed on the very day it is contracted or agreed;
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Same Day Value means the transaction to which it is referred is to be
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Examples of Same Day Value in a sentence

  • Electronic MT 940 Statements Monthly / Account SR 200 Riyad Bank Account to account transfer Per transaction SR 0 SARIE Payment’s Per transaction Same Day Value SR 7 Next Day Value SR 5 SWIFT Payment’s Per transaction 30+50(Correspondent banks Charges) Riyad Bank reserves the right to revise the above fee schedule with one Month’s notice.


More Definitions of Same Day Value

Same Day Value means in the case of a payment received by Santander International, the application of the funds are made on the same day as they are received by Us. In the case of a payment leaving Santander International, the receipt of the funds
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Same Day Value. (SDV) means the sub-service of the EFT Service where data have to be delivered to the PSO for processing on the business day, which is the action date. The PSO is required to process transactions and submit to the homing bank on the same day. Further, the homing bank shall post the entries to the account of the customer(s) on the same action date;
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Same Day Value means with respect to an individual Credit Transfer, making the funds available to the Beneficiary on the Interbank Value Date.
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Related to Same Day Value

  • Daily Amount means, in respect of a DMA and a Daily Calculation Period, the Daily Gain or Daily Loss for such DMA and Daily Calculation Period.

  • Unused Amount means the Maximum Line reduced by (1) outstanding Revolving Advances and (2) the L/C Amount. The Borrower agrees to pay to the Lender an unused line fee at the rate of one-half of one percent (.5%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on the first day of the month and on the Termination Date.

  • Average Daily Balance means the balance sum computed by dividing the sum of the balance outstanding on each day from the first day of the next Billing Period by the number of days in that Billing Period. For the purpose of computation, each day’s balance is determined by adjusting the Total New Balance with payments, credit, cash withdrawal, purchases of goods and/or services obtained on the Sales Drafts and/or Cash Withdrawal Drafts received by Maybank before the Closing Date of each Billing Period;

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.