what is difference between 1) Realisation Date 2) Value date & 3) advice date as per banking term?.
please reply on above.
what is difference between 1) Realisation Date 2) Value date & 3) advice date as per banking term?.
please reply on above.
In Simple Terms Realisation Date means Receiving Date and Value Date means Effective Date.
Thanks for Replying Vivek, in the above case Effective date means the amount has been credited by the bank on that date?.
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