What is interbank working day in SAP IS-B-BCA - Bank Customer Accounts?

SAP Term: interbank working day

• Component: IS-B-BCA

• Component Name: Bank Customer Accounts

• Description: A day on which banks are open for interbank business. The TARGET day's calendar applies.

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• Key Concepts: 
  Interbank working day is a term used in the SAP IS-B-BCA Bank Customer Accounts component. It refers to the day when banks process payments and transactions between each other. This is usually done on a daily basis, but can vary depending on the country or region. 
  
  How to use it: 
  Interbank working day is used to determine when payments and transactions will be processed between banks. This information can be used to plan and manage payments and transactions accordingly. 
  
  Tips & Tricks: 
  It is important to be aware of the interbank working day in order to ensure that payments and transactions are processed in a timely manner. It is also important to check with the relevant bank or financial institution for their specific interbank working day. 
  
  Related Information: 
  The interbank working day is related to other banking terms such as clearing cycle, settlement cycle, and payment processing time. It is also related to other SAP components such as IS-B-CA Cash Management and IS-B-CA Bank Accounting.