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manfredkock
4 months ago

In banking, the value date refers to the setting of the calendar date at which a credit or debit on an account becomes effective or effective. It is also called “Valuta Date”

LG by Manfred

Rolf42
4 months ago

No, this is the date that will take effect a booking on an account for the interest bill.

Rolf42
4 months ago
Reply to  Entaaal

Usually within the usual transfer period.

See alsoHow long can a transfer be “underway”?

rkwiss
4 months ago
Reply to  Rolf42

And is available for other bookings (if you have for desired and should have). For example, if 800 Euros are now debited for an account balance of 1000 Euros, the debit can still be dismissed if, for example, 400 Euros are not included in the account balance tomorrow, as only 600 Euros are available today.

Singuli
4 months ago

That’s the day you can have the money. For example, if you are a dispocredit, then the value date is important for the interest rate calculation. From the value date, the money is available to you.

That means if you cancel the money before the value date, you’ll have to pay target interest.