Common use of Value Date Clause in Contracts

Value Date. 5.8.1. For payment operations within the scope of the Law on payment services, the value date when the payment account of the Customer, as the payee, is credited, shall be the same with the value date when the amount covered by the payment operation is credited in the Bank's account, as the payee’s payment service provider. The payment account of the payer Customer will be debited with the value date of the day the amount of the payment transaction is credited to the Bank account.