Examples of Banking Days in a sentence
To be "proper and timely," the request must (i) be made within five (5) Banking Days of the Effective Entry Date for the Entry or File to be reversed; and (ii) be accompanied by a Reversal/Cancellation Request form and comply with all of the Rules.
Company shall ensure that changes requested by the NOC or Corrected NOC are made within the number of Banking Days as required by the Rules of Company’s receipt of the NOC information from Bank or prior to initiating another Entry to the Receiver’s Account, whichever is later.
Bank shall notify Company of all NOC or corrected NOC received by Bank relating to Entries transmitted by Company by mutually agreeable means, including email, within two (2) Banking Days.
Although funds will be transferred and reflected in the To Account balance the same day the transfer was requested, final settlement will not occur until the next Bank Business Day as defined in the Hours of Availability, Banking Days and Cutoff Times Section of this Agreement.
Company must make the changes specified in a NOC or corrected NOC (a) within six (6) Banking Days of receipt or prior to initiating another Entry to the Receiver's account, whichever is later, or (b) as otherwise required in the Rules, if the Rules specify a different time for correction.