Thank you for looking at this!
Yes, this institution does make funds available immediately when a deposit is received via online transfer of funds between accounts within the same institution. Transfers can be done at any time 24x7x366---so, not greenbacks but totally liquid nevertheless.
Once the transfer is made, funds are immediately made available for withdrawal from the "to" account (one could do a POS or Visa debit purchase or even an ATM cash withdrawal).
Now, this institution always dates cash withdrawals and deposits for the next business day if the transaction is executed after 6 pm on a business day or anytime on a non-business day. There is no trace of the actual transaction date soon after the online transfer is completed.
So, my question has to do with the dating of the deposit. I am interested to know if the institution might be in violation of some rule, regulation, or accounting principle where the transfer of funds as described is assigned a later date (specifically looking for the credit side but this may not matter).
