but it will be .......................

just an option for the whole request

HIH

"salvo buon fine" means "subject to collection"; "maturazione valuta" means, literally, "occurrence of the value date." However, no interest need be applied - it merely means that the check must not only clear, but the holding period must elapse before the funds are available. So two conditions must be met before the funds are available; even if the check clears and the bank receives payment, the funds will not be released until the value date. And if the value date lapses but the check has not cleared, the funds will likewise not be available.

I agree with Steven reference and that interest is not involved here.
Maturazione valuta simply means the number of days the bank takes before you can actually use the funds. Therefore you do not recognise the payment received by your customer until you actually have the funds available on your account (this is the meaning here) and subject to collection.


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Note added at 2 days16 hrs (2011-11-19 10:07:55 GMT)
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Sorry I meant to indicate confidence 4