Is it just the amount you actually have? And the balance amount is what you "had" since your last transactions hasn't went through yet? Like for example: I have $2 in my account but my available account is $1, I have only that one dollar to spend? This was just an example!;)
2007-03-18 04:56:26 · 4 answers · asked by lilkitt 3 in Business & Finance ➔ Personal Finance
Usually the available amount is the amount that can actually be spent or withdrawn at that moment. This means that this amount is the money that has been cleared from deposits, automatic transfers, checks, etc. Your balance may be different because it includes pending transactions, such as checks that have not cleared or automated deposits that have not processed. Hope that helps to clear things up!
2007-03-18 05:04:48 · answer #1 · answered by raindancer_77 1 · 1⤊ 0⤋
Available is how much you can spend. If you saw these two amounts at an atm that means there is a $1 purchase that hasn't been taken out of you account yet, but is in the process of doing so. Also it could be that you deposited a check and they haven't released the hold (but the teller would have told you if they were going to place a hold on the check)
2007-03-18 13:39:53 · answer #2 · answered by armen_97402 3 · 0⤊ 0⤋
Your available amount is from the date listed that they sent it out to you on and if you have sent out any other checks and your books don't match then what they send you then you need to recheck and verify your account spending, your available amount is the amount of money you have available to you to use for purchases. Yes!
2007-03-18 05:02:35 · answer #3 · answered by Tigerluvr 6 · 0⤊ 0⤋
Keep a check register and you will know what you have.
2007-03-18 10:49:33 · answer #4 · answered by justwondering 2 · 0⤊ 0⤋