ɢᴏᴅ ʙʟᴇꜱꜱ ᴛʜᴇ ɪɴᴛᴇʀɴᴇᴛ
Will the T+1 Settlement Affect Bank Wire Transfers?
Introduction The recent move by the U.S. Securities and Exchange Commission (SEC) to shorten the settlement cycle for most securities transactions from two business days (T+2) to one business day (T+1), effective May 28, 2024, is expected to have significant implications for the financial markets. This change aims to reduce risks, enhance efficiency, and promote
June 5, 2024 | Banking | GBTI Network