Banking Day definition

Banking Day means each day (other than a Saturday or Sunday) on which the Clearing System and the Trans-European Automated Real-time Gross settlement Express Transfer-System (TARGET2) ("TARGET2") are open for business.

Banking Day means a day on which commercial banks in London are open for general business (including dealings in foreign exchange and foreign currency deposits).

Banking Day means, in respect of any city, a day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in that city.

Examples of Banking Day in a sentence

• Items received by Bank after 4:00 p.m. PST on any Banking Day shall be credited to the Depositor’s applicable account on the next successive Banking Day.

• Items transmitted by the Depositor and received by Bank or its subcontractors by 4:00 p.m. Pacific Standard Time (“PST”) Monday through Friday, shall be credited to the Depositor’s applicable account on the same Banking Day.

• The Issuer shall, before 10.00 a.m. (Local Time) on the second Local Banking Day before the due date of each payment by it under Clause 6.1 (Issuer to pay Fiscal Agent), procure that the bank effecting payment for it confirms by email, authenticated SWIFT message (MT103) or any other kind of message substituting the SWIFT message (MT103) to the Fiscal Agent the payment instructions relating to such payment.

More Definitions of Banking Day

Banking Day means, in respect of any city, any date on which commercial banks are open for business in that city.

Banking Day means any day on which we are open for business in the Republic of Ireland, other than a Saturday, Sunday or bank holiday; and non-banking day means any other day;

Banking Day means a day on which dealings in deposits in Dollars are carried on in the London Interbank Eurocurrency Market and (other than Saturday or Sunday) on which banks are open for business in London, Piraeus and New York City (or any other relevant place of payment under clause 6);

Banking Day means a day other than a Saturday or a Sunday or a public holiday listed throughout Australia.

Banking Day means the part of a day on which a bank is open to the public for carrying on substantially all of its banking functions.

Banking Day means each day (other than a Saturday or Sunday) on which the Clearing System is open for business and commercial banks and foreign exchange markets settle payments in the Banking Day Financial Centre.

Banking Day means any day on which the Funds, Seller Custodian, Repo Custodian, and the Federal Reserve Banks where the Custodian and the Repo Custodian are located, are each open for business.