Whats the difference between the Current Balance and Available Balance in the Account Summary?
The current balance is similar to the balance on your most current bank statement. It includes all transactions that have already cleared the bank and have posted to your account. These include checks, deposits, ATM transactions, or other withdrawals. Your current balance is updated daily, and gives you an up to – date picture of your checking account status. The available account balance is comparable to your checkbook register. Transactions are automatically debited and credited to your available account balance once they have cleared the bank but not yet posted to your account. The available balance also includes any upcoming or pending transactions that have been entered but not posted such as an ACH debit or future payment request. Once the items have cleared the bank, they will then show up in the current balance total. Remember that if you do a transaction on line after 3:00 CST it wont show up it in your available balance until the next day. It wont show up in your current bala
The current balance is similar to the balance on your most current bank statement. It includes all transactions that have already cleared the bank and have posted to your account. These include checks, deposits, ATM transactions, or other withdrawals. Your current balance is updated daily, and gives you an up-to-date picture of your checking account status. The available account balance is comparable to your checkbook register. Transactions are automatically debited and credited to your available account balance once they have cleared the bank but not yet posted to your account. The available balance also includes any upcoming or pending transactions that have been entered but not posted such as an ACH debit or future payment request. Once the items have cleared the bank, they will then show up in the current balance total.
