Book Transfer

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Dictionary Says

Definition of 'Book Transfer'

The transfer of funds from one deposit account to another at the same financial institution. Book transfer is a way to eliminate check clearing float because unlike with interbank transfers, there is no wait time for intrabank transfers.
Investopedia Says

Investopedia explains 'Book Transfer'

Check clearing float refers to the time between when a check is deposited and when it is cleared. If someone deposits a check today, there is a time difference between depositing the check and when the check will be paid. This time lapse enables the paying bank to earn some extra interest on those funds.
Search results for

'Book Transfer'

  • What does it mean to book the basis?

    http://www.investopedia.com/ask/answers/08/book-the-basis.asp
    ... A book-the-basis contract is the same as a hedge-to-arrive contract (HTAC). ... These
    permissions, in effect, transfer risk from the seller to the buyer on the ...

  • A Look At The Generation-Skipping Transfer Tax

    http://www.investopedia.com/articles/tax/09/generation-skipping-transfer-tax-gst.asp
    ... Conclusion The average person will never have to worry about the generation-skipping
    transfer tax ... In 2009, Tisa published her first book, "The Time Value of Life ...

  • Getting To Know The Money Market

    http://www.investopedia.com/articles/04/071304.asp
    ... purchases T-bills through the Treasury Direct system and wishes to sell them prior
    to maturity, he or she must transfer them to the commercial book-entry system ...

  • Series 7 Study Guide - Municipal Securities - Issuing Munis ...

    http://www.investopedia.com/exam-guide/series-7/municipal-securities/issuing-munis.asp
    ... With book-entry securities, the physical transfer of certificates is not necessary
    and the process can be thought of as registered issuance done online. ...

  • Father's Day Gifts For Wall Street Dads

    http://www.investopedia.com/articles/pf/08/geek-gifts.asp
    ... Some have billed this book as a scam, but by all accounts, it's an entertaining
    read. ... You can buy a stock and transfer it into your father's name through an ...

  • 4 Ways To Minimize Estate Taxes

    http://www.investopedia.com/articles/tax/11/4-ways-minimize-estate-tax.asp
    ... (Learn more in What's the difference between book and market value ... at $1 million,
    then after applying a discount for lack of liquidity, the transfer value would ...

  • Series 26 Study Guide - Recordkeeping Rules - Settlement of ...

    http://www.investopedia.com/exam-guide/series-26/recordkeeping-rules/settlement-delivery.asp
    ... This rule requires broker-dealers to deliver securities using book-entry settlement,
    which is an electronic system of custody, transfer and settlement that ...

  • The Ins And Outs Of Bank Fees

    http://www.investopedia.com/articles/pf/07/bank_fees.asp
    ... of these transfer features to save you from spending excess money on transfer fees ...
    Additional Checks Some banks will give their customers a free book of checks ...

  • Buy Treasuries Directly From The Fed

    http://www.investopedia.com/articles/bonds/08/treasuries-fed.asp
    ... To transfer Treasuries out of your account, a Transfer Request Form must indicate ...
    interface, paper bonds may be converted into electronic book-entry Treasury ...

  • Banking: Making Deposits | Investopedia

    http://www.investopedia.com/university/banking/banking4.asp
    ... deposit, which is just a fancy name for a specific kind of ACH transfer. ... and editor
    for a variety of websites, public policy organizations, and book publishers ...

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