daylight overdraft

A debit balance in the customer’s account that occurs in the course of the banking day and is expected to be repaid by a credit to the account prior to the end of the banking day.

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  • Daylight overdraft — refers to a scenario in which a debit balance occurs in a customer’s account in the course of the banking day and is expected to be repaid by a credit to the account prior to the end of the banking day. The term daylight overdraft has different… …   Wikipedia

  • Daylight Overdraft — Occurs when a clearinghouse bank issues a payment during the day that is in excess of the originator s reserve account balance. Daylight overdrafts must be covered by the end of the business day. In order to encourage banks to manage and reduce… …   Investment dictionary

  • daylight overdraft — A negative position in a bank s Federal Reserve account that occurs at any time during the business day. American Banker Glossary …   Financial and business terms

  • Overdraft Cap — The maximum dollar limit that a bank will send to another financial institution in one day. The overdraft cap limits the amount that banks will send via private payment or the Fedwire network. This cap limits a bank s daylight overdraft exposure …   Investment dictionary

  • Дневной овердрафт — (DAYLIGHT OVERDRAFT) отрицательный остаток на счете депозитного учреждения в системе клиринговых расчетов Fedwire или CHIPS в течение нескольких часов или минут …   Современные деньги и банковское дело: глоссарий

  • Clearing House Automated Transfer System — The Clearing House Automated Transfer System, or CHATS, is a Real Time Gross Settlement (RTGS) system for the transfer of funds in Hong Kong. It is operated by Hong Kong Interbank Clearing Limited, a private company jointly owned by the Hong Kong …   Wikipedia

  • DO — steht für: Data Output Daylight Overdraft, ein Begriff aus dem Zahlungsverkehr Denominación de Origen, eine spanische Bezeichnung für Wein aus bestimmten Anbaugebieten Deutscher Orden Dienstordnung, dazu DO Angestellter Diffractive Optics, siehe… …   Deutsch Wikipedia

  • Do — steht für: Data Output Daylight Overdraft, ein Begriff aus dem Zahlungsverkehr Denominación de Origen, eine spanische Bezeichnung für Wein aus bestimmten Anbaugebieten Dienstordnung, dazu DO Angestellter Diffractive Optics, siehe Diffraktives… …   Deutsch Wikipedia

  • Groundwater — Shipot, a common source of drinking water in a Ukrainian village. Groundwater is water located beneath the ground surface in soil pore spaces and in the fractures of rock formations. A unit of rock or an unconsolidated deposit is called an… …   Wikipedia

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