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Old 01-12-2019, 01:54 PM   #6611
Supremacy Member
Join Date: Feb 2013
Posts: 6,228
because transfer funds txns are dated 2 Dec so can have interest for one day?

But someone said there is no prorated interest ..
when u transfer out on Sunday, money is immediately deducted from your "transfer out account" on Sunday. So theoretically no money left on Sunday. Maybe Citi does it differently as they want to hold on to your $$$$ on Sunday and don't transfer till 2 Dec.

As for crediting into the "receiving bank", it depends on the receiving bank as they can value the incoming FAST transfer the next business day.

Last edited by tmkedmw; 01-12-2019 at 01:56 PM..
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