Versa Cash-i:
If we receive your cash in before 10.00 AM on a Business Day, we will process it the same day (Mon - Fri), and within T+2 business days, your money will be in your Versa account. However, if your request is made after 10.00 AM, it will be processed on the following Business Day.
Versa Cash and Invest:
If we receive your cash in before 3.00 PM on a Business Day, we will process it the same day (Mon - Fri), and within T+2 business days, your money will be in your Versa account. However, if your request is made after 3.00 PM, it will be processed on the following Business Day.
Note that “T” is the Transaction processing day, if the cash in is requested after cut-off time on a business day, or during a non-business day, the T day will be the next business day + another 2 business days to reflect in your Available Balance.
No. of Scenario | Deposit Date/Time | Processed Date | Reflected Date |
1. | 10 June 2024 (Monday), at 1:30 PM | 10 June 2024 It was processed on the same day as the deposit been made before 3:00 PM |
12 June 2024 (Wednesday), by 12:00 PM |
2. | 10 June 2024 (Monday), at 4:30 PM |
11 June 2024 It was processed on the following business day as the deposit had been made after 3:00 PM |
13 June 2024 (Thursday) |
3. | 29 April 2024 (Monday), at 11:30 PM |
29 April 2024 It was processed on the same day as the deposit was made before 3:00 PM |
2 May 2024 (Thursday) The amount should be reflected on 1 May but due to Labour Day (Public Holiday) is been reflected on the next business |