All questions
How can JikoNet operate 24/7?
Transfers across Jiko Pockets occur in real time and are available 24/7, including weekends and holidays. Jiko Securities is a carrying broker with FINRA that operates 24/7 to buy and sell T-bills from Jiko clients. Money movement occurs on the bank’s ledger, and all resulting cash positions are immediately swept into T-bills.
Transfers across Jiko Pockets occur in real time and are available 24/7, including weekends and holidays. Jiko Securities is a carrying broker with FINRA that operates 24/7 to buy and sell T-bills from Jiko clients. Money movement occurs on the bank’s ledger, and all resulting cash positions are immediately swept into T-bills.