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Timing of deposit for floating week

hellolani

hellolani

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Hi guys,

Please refresh my memory. I have a EEY 2BR SDO with usage this year, floats 1-52. I am using it for searching right now as I have search first privileges, but can't recall when I would need to get this deposited and how long a deposit would be valid for.

Is there any advantage to depositing at end of year (to extend the two year trading validity?) Or if I know for sure I'm trading with it should I deposit it now?

Really appreciate the help!
 
DeniseM

DeniseM

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Depositing at the end of the year doesn't extend the deposit - it's based on the use year, not when you deposit it, because you don't get a specific week deposited - you just get a generic credit.

The first day you can deposit an SDO week, is the first day you can reserve it.

In other words, for a 2016 floating week, the first day you could deposit it was Jan. 1, 2015.

The last day you can deposit it is the last day of 2016 - but I would do it a few days earlier, to avoid a possible delay.

There is no advantage to delaying the deposit, because you get the same deposit expiration date.

For all the details, see the Starwood and II FAQ at the top of the forum.
 
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