In the market for Eurodollar deposits and foreign exchange, value date refers to the delivery date of funds traded Normally, for spot transactions, it is on spot transactions two days after a transaction is agreed upon In the case of a forward foreign exchange trade, it is the future date
In the market for Eurodollar deposits and foreign exchange, the delivery date of funds traded For spot transactions, it is normally on spot transactions two days after a transaction is agreed upon In the case of a forward foreign exchange trade, it is the future date
The date on which counterparts to a financial transaction agree to settle their respective obligations, i e , exchanging payments For spot currency transactions, the value date is normally two business days forward
Establishment of the date on which the interest-related credit note or debit note is entered on the customer's bank account; interest is charged from this date onward (value)
Payments are said to be " valeur compensee" when payment by one party in one centre and settlement by the other party in another centre takes place on the same day
For a spot transaction it is two business banking days forward in the country of the bank providing quotations which determine the spot value date The only exception to this general rule is the spot day in the quoting centre coinciding with a banking holiday in the country(ies) of the foreign currency(ies) The value date then moves forward a day
In the market for Eurodollar deposits and foreign exchange, value date refers to the delivery date of funds traded Normally it is on spot transactions two days after a transaction is agreed upon and the future date in the case of a forward foreign exchange trade