Business Day within Payments is a day during which banks and payment systems are open and able to process, clear and settle payments. Business Days can determine when a payment is processed and when funds are available.
Business Day
Related terms in the category Payments
- Autogiro
- BBAN
- BIC
- Business Day
- Clearing
- Clearing codes
- Correspondent banks
- Cross-border Payments
- Direct Debit
- ECB
- Future Value Date
- IBAN
- Instant Payment
- Payee
- Payer
- Payment Account
- Payment Order
- SCT
- SDD
- SEPA
- SEPA Direct Debit
- Settlement
- SIP Settlement Model
- Standard Settlement Model
- Swift
- Value Date