NEW YORK–(BUSINESS WIRE)–NBID, the bank-owned deposit network, today announced the launch of real-time transaction handling for reciprocal deposits. The new capability allows depositors at member banks to earn interest the same day they deposit funds, which has historically been missed by the T+1 processing performed by most providers. With this release, NBID has moved the roughly $500bn reciprocal market from T+1 to T accrual, a major milestone for the U.S. banking system.For the past several