Cut-Off Time

2 topics · 3 sources

Banking

A time of day established by a bank for receipt of deposits. After the cut-off time, deposits are considered received on the next banking day.

The Office of the Comptroller of the Currency — Dictionary of Banking Terms and Phrases
Office of the Comptroller of the Currency, U.S. Department of the Treasury — Dictionary of Banking Terms and Phrases retrieved 2014-05-16

Business› Finance

Personal Finance

A time of day established by a financial institution for receipt of deposits. After the cut-off time, deposits are posted to your account on the next banking day.

National Credit Union Administration — Pocket Cents Glossary retrieved 2014-05-16