A Value Date, or maturity date is the date on which counterparties to a financial transaction agree to settle their respective obligations by exchanging payments

A transfer made between accounts held by the same person.

Someone who transfers money. Cutomer issuing the bank transfer.

A money deposit at a banking institution that cannot be withdrawn for a certain «term» or period of time (unless a penalty is paid). (source:

Savings account or CD held in a financial institution, usually a bank, for a fixed term or with the understanding that the customer can withdraw

A class of mortgage used by borrowers with low credit ratings. Because the default risk for poor credit borrowers is greater than of other borrowers,

Type of preauthorized-payment under which an account holder instructs a bank to pay a specified amount, directly from his or her account balance, to a