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Short-Notice Money. Call money and short-notice money are similar, as both are short-term loans between financial institutions. Call money must be repaid immediately when called by the lender. In contrast, short-notice money is repayable up to 14 days after notice is given by the lender.

Example of the Call Money Rate for a large client that's looking to buy the shares on margin. The client will pay the broker in full within 30 days. The broker will then borrow the needed money from a bank so that the client can buy shares now.

There are some circumstances in which disputing a wire transfer is possible, and they are all related to an error on the bank's part, for example: There was a mistake in the account number by originating bank. The sent payment order by the bank turned out to be a duplicate of the previous one.

Call money and short-notice money are similar, as both are short-term loans between financial institutions. Call money must be repaid immediately when called by the lender. In contrast, short-notice money is repayable up to 14 days after notice is given by the lender.

Under call money market, funds are transacted on overnight basis and under notice money market, funds are transacted for the period between 2 days and 14 days. 2.1 Participants in call/notice money market currently include banks (excluding RRBs) and Primary Dealers (PDs), both as borrowers and lenders (Annex I).

'At call' money is repayable on demand, whereas 'short notice' money implies that notice of repayment of up to 14 days will be given. After cash, money at call and short notice are the banks' most liquid assets.

Where money is borrowed or lend for period between 2 days and 14 days it is known as 'Notice Money'. And 'Term Money' refers to borrowing/lending of funds for period exceeding 14 days.