Question: What is value date in fixed deposit?

Maturity date is the exact date on which the FD matures, whereas value date is the date on which the FD was opened and becomes the basis to calculate the tenor of the FD.

What value date means?

A value date is a future date that is used for determining the present value of a product or security that fluctuates in price. It is the date at which funds, assets, or moneys value becomes effective.

Reach out

Find us at the office

Ruebusch- Nedd street no. 4, 92509 George Town, Cayman Islands

Give us a ring

Fortino Moredock
+85 633 466 265
Mon - Fri, 10:00-22:00

Write us