Value Date

Value date is the date when funds are considered effective for settlement or interest purposes. It determines when a transaction begins to accrue interest or is final for settlement.

Value date may differ from the posting date, especially for deposits, international transfers, or securities-related payments. Banks use it to calculate interest on balances.

Related Terms

Posting Date

Posting date is the date a transaction is recorded on your account ledger. It is the date used for s...

Interest

Interest is the cost of borrowing money or the return earned on deposited funds, typically expressed...

Ledger Balance

Ledger balance is the account balance at the beginning of a business day, before any transactions ar...

Bank Statement

A bank statement is a document issued by a financial institution that summarizes all transactions in...

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