The future value date refers to the specific date in the future when a financial transaction is expected to be settled. Up until that specific date, the payment may be recorded but not accessible nor interest bearing for the recipient.
Future Value Date
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