Availability Schedule

Availability Schedule

The number of days it takes for a bank account deposit to clear. The availability schedule is set by the Expedited Funds Availability Act, which sets a different number of days for different circumstances (such as whether or not the deposit comes from an out of state account). The availability schedule can last as long as five business days. See also: Availability Float.
References in periodicals archive ?
All Checks Deposited Should Be Credited In Accordance With The Offeror s Availability Schedule.
The company, now entering the ninth month of its new gTLD general availability schedule, is approaching 900,000 end-user registrations and will continue rolling out new domains throughout 2014.
Donuts, now entering the eighth month of its new gTLD general availability schedule, is approaching 800,000 end-user registrations and will continue rolling out new domains on a monthly basis throughout 2014.
A recent survey of returned checks processed by the Federal Reserve indicates that institutions receive most checks that are returned unpaid by the day on which they must make funds available for withdrawal under the temporary availability schedule.
Donuts, now eclipsing the six-month mark of its new gTLD general availability schedule, will continue rolling out new gTLDs on a weekly basis throughout the second half of 2014.
The customer immediately receives a receipt that can be printed for their records, and once the deposit is received at the financial institution, the customer receives a confirmation with the availability schedule for the funds.
This digital deposit can then be transmitted (usually over an encrypted internet connection) to the corporation's RDC bank service provider who accepts the deposit, posts the deposit to the corporation's account and assigns availability of funds based upon an agreed upon availability schedule.
After Check 21, with many of its wholesale lockbox sites already image-enabled, Wells Fargo could offer an expanded, nation-wide network with accelerated availability schedules by clearing checks on those images.
Collectively, the amendments will reduce the number of check-processing regions listed in the appendix from thirty-two to twenty-three, resulting in some nonlocal checks in the affected regions becoming local checks that are subject to faster availability schedules.
Collectively, the amendments will reduce the number of check processing regions listed in Appendix A from 44 to 32, resulting in some nonlocal checks in the affected regions becoming local checks that are subject to faster availability schedules.
The company will be releasing more details about this new product in the coming weeks, including production and availability schedules.
Production and availability schedules will be disclosed to the public as they develop.
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