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10 answers

Ledgeer Balance is the Amount available in your account, where as Available balance is the cash that can withdraw from your account.

2006-07-14 18:14:23 · answer #1 · answered by Jaffs G 3 · 1 1

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RE:
What is the difference between available balance and ledger balance in a checking account?

2015-08-07 17:01:44 · answer #2 · answered by Anonymous · 0 0

Ledger Balance

2016-10-30 02:23:41 · answer #3 · answered by Anonymous · 0 0

Probably a ledger balance is what checks or charges have officially been recorded .... your balance is probably your true balance even when stuff hasn't come in yet to the bank's official record of your account.
Like if you write a check... the money is probably out of your account somewhat immediately but the ledger (not your balance) waits for it to come back from the person or company to complete the process and be put on the official record (maybe that is what they mean by ledger).

2006-07-14 18:18:31 · answer #4 · answered by Anonymous · 0 0

An available balance is a "real time" reflection of the money you can access right away. A ledger balance has not taken into account debit/credit transactions that were authorized but not paid, ATM withdrawals, etc. To be safe, always go by your available balance. The ledger balance will catch up to the available balance usually within 1-2 business days. I hope this helps.

2006-07-14 18:15:49 · answer #5 · answered by cry me a liver 35 1 · 2 1

Your ledger balance is the total amount of checks and other deposits you have made but are not yet available because the bank isn't sure the places where they are drawn on will actually pay them. When they are paid, collected by the bank, they will become available balances that can be withdrawn.

2016-03-18 07:37:14 · answer #6 · answered by Anonymous · 0 0

Ledger balance is what you would have if all the checks, debits and deposits were added / subtracted.

Available balance is what the bank will allow you to draw on. Sometimes deposits take a few days to post / clear on your account.

2006-07-14 18:14:02 · answer #7 · answered by Wisdomwoman 4 · 0 0

Available balance is the amount that you can withdraw. Ledger balance is with any memo-posted deposits. Neither balance considers checks that you wrote that haven't been presented to the bank yet.

2006-07-14 18:18:36 · answer #8 · answered by doglover 5 · 0 0

ledger balance is your balance WITHOUT your pending transactions.... available balance is what you actually have once your pending transactions clear

2006-07-14 18:14:29 · answer #9 · answered by crystal d 2 · 1 1

Thankyou for the replies, greatly appreciated

2016-08-23 01:56:06 · answer #10 · answered by Anonymous · 0 0

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