I dont understand the ledger balance and available balance on my bank account. It states my ledger balance is 159.62 and my available balance is 190.52 which one is correct? By looking at my transaction history online I should have the 190.52 but why does it say ledger balance 159.62?|||This is normally due to pending deposits.|||BOTH are correct. They have different meanings. The Ledger Balance is the balance after everything posted at the end of the last business day. The available balance is adjusted for known transactions that have not posted and any funds on 'hold'. For your available balance to be more than your ledger balance, you must have a bending deposit.
Note: Neither balance accounts for outstanding paper checks.|||It means something is processing on your account that hasn't cleared yet. It's a Bank holiday so the situation will update itself tomorrow or Wednesday|||Maybe something you deposited? Things don't usually go through for either 1 or 2 days. Just wait, and the ledger and available with balance out.
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