Thursday, December 15, 2011

What does available balance mean on an account balance slip.?

Today, I deposited $1845 in cash and $165 in checks. Does the account balence include those checks that haven't been cleared yet?|||Available balance EXCLUDES portions of checks that have not cleared.





http://en.wikipedia.org/wiki/Regulation_鈥?/a>|||Please do not go by available balance.


Go by CLEARED or COLLECTED balance.





Banks made 44 billion last year from people that overdrew their accounts.


Call the banks 800 automated number, or check your CLEARED balance online.


/|||Available balance is money that's in your account accessible to you. This does not include money that's been deposited but has not cleared or verified.|||It means that's how much money is available.|||no, you do not have access to the checks until they clear.

1 comment:

  1. Great post!!Thanks for sharing it with us....really needed.Ordering Checks online is a lot easier than most people realize. It takes only a few minutes from start to finish. You will never need to concern yourself with having someone else do this task for you ever again.
    Reorder personal checks

    ReplyDelete