Same Day Funds

(redirected from Same-Day Fund)

Same Day Funds

1. Funds in a financial institution that may be withdrawn or otherwise used on the same day they are deposited.

2. Fed funds transferred through the Fedwire.

2. See: Same-day funds settlement.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Same-day fund injections by a central bank are believed to have greater efficacy in sending messages to financial markets about its resolve to support the economy than the usual practice of funneling funds one or a few days after it announces plans to do so.
The central bank last conducted a same-day fund injection on Dec.
Seeing the market still unsettled, the bank conducted the third same-day fund infusion operation in the afternoon.
The BOJ implemented one of its largest open market operations for a same-day fund supply, as the unsecured overnight call money rate exceeded the central bank's policy target of 0.5 percent.
TOKYO - The Bank of Japan injected 3 trillion yen into money markets Monday in one of its largest open-market operations for a same-day fund supply.
The central bank funneled a record 2.3 trillion yen into the money market Tuesday via same-day fund supplying operations to relieve upward pressure on the barometer rate.
The Bank of Japan on Monday pumped 2.1 trillion yen into the money market via same-day fund supplying operations to stem a rise in overnight call money rates ahead of its two-day policy-setting board meeting from Tuesday.
This is the first time in about 15 months that the BOJ has conducted same-day fund supplying operations, under which the central bank offers to buy bills from major banks and other financial institutions.
PESONet is a multilateral automated clearing house (ACH) established for Filipinos to enjoy convenient, safe and affordable same-day funds transfer from and to any participating financial institution, thus offering a superior alternative to checks.
The company intends to accept for payment all notes validly tendered and not validly withdrawn in the tender offer and expects to make payment for the notes, including notes delivered in accordance with the guaranteed delivery procedures, in same-day funds on 13 March 2015.
The Bank of Japan injected an additional 6 trillion yen ($76.7 billion) in same-day funds after the dollar hit 76.25 yen in the morning - an all-time low for the greenback