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

Ledgeer Balance is the Amount available in your account, where as Available balance is the cash that can withdraw from your account.|||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).|||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.|||ledger balance is your balance WITHOUT your pending transactions.... available balance is what you actually have once your pending transactions clear|||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.|||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.