Immediately Available Funds definition
Immediately Available Funds. Funds with good value on the day and in the city in which payment is received.
Immediately Available Funds means cash, bank cheque or telegraphic or other electronic means of transfer of cleared funds into a bank account.
Immediately Available Funds means cash, bank cashier’s check, or a confirmed wire transfer of funds.
Examples of Immediately Available Funds in a sentence
All cash payments under this clause 4 must either be made by Immediately Available Funds or such other form of cleared funds as the Vendor and Purchaser agree.
More Definitions of Immediately Available Funds
Immediately Available Funds means funds—
Immediately Available Funds means cash or bank cheque;
Immediately Available Funds means cash or certified or official bank check or bank wire.
Immediately Available Funds means those amounts deposited in the bank which have been presented for payment and for which payment has actually been received, those funds which have completed the electronic funds transfer process and are available for immediate use by the State Treasurer. See Collected Funds.
Immediately Available Funds means good funds delivered by wire transfer to an account designated by the intended recipient.
Immediately Available Funds means payment in funds credited and immediately available to the Funding Corporation’s account at the FRBNY.
Immediately Available Funds means funds deposited by federal funds wire transfer.