The payment date is one of the most important information when transferring funds.
The date is restricted by the bank with following rules:
- The date may never be earlier than today
- If the transfer is between countries or different banks the date must be at least tomorrow
- Only for intercompany transfers, individual bank agreements or same day payments, can the date be the same day
- Normaly a payment date can’t be more than 365 days in the future, some banks even operate with no more than 3 months