A companyâ€(tm)s business days are the days in which the company intends to be open for business. By contacting a particular company you can obtain information as to which days are counted as business days under the Truth in Lending and Electronic Fund Transfer Acts.
Check with your lending institution to find out what days it considers as business days under the Truth in Lending and Electronic Fund Transfer Acts. Usually excludes weekends and holidays.
Defined in Rule 13e-4(a)(3) as from 12:01 A. M. through 12:00 MIDNIGHT F-T. ,excluding Saturdays, Sundays, and federal holidays.