What does Value Date mean? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What does Value Date mean?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

The date on which a transaction is considered to have value for accounting purposes or to generate revenue, depending on its type.

Key points

  • Refer to this date when calculating revenue or fees.

  • It may differ from the date the transaction was executed.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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