Thursday, December 15, 2011

Whats the difference between "posted balance" and "available balance" while on online checking account

Ledger or "posted balance" is what has cleared your accoung. "Available balance" includes charges that were authorized, but have not cleared your account yet.|||Posted balace includes the transactions that already Paid or Completed. Available Balance is the Balance with some restrained amount from Check Card transactions. But the most accurate balance should be from your own check registery, when you do write down all transactions from your account.|||POSTED BALANCE SHOWS WHAT YOU HAD BEFORE MAKING CHARGES WITH A CREDIT OR DEBIT CARD THAT HAVEN'T CLEARED|||Posted balance includes all the deposits that have been made. Available balance is only the deposits that have cleared. It usually takes several days for checks to clear, so that is usually the difference.

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