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What does it mean? Banking question?

Posted by on Feb. 16, 2012 at 2:57 AM
  • 12 Replies

Ledger balance says one amount and avaliable balance says another and there are no pending transactions?
Weird... What's going on?

Posted by on Feb. 16, 2012 at 2:57 AM
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Replies:
SandraJo
by Silver Member on Feb. 16, 2012 at 2:58 AM
I have never figured that one out.

Bump!
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genagina
by Bronze Member on Feb. 16, 2012 at 2:58 AM

is it freaking 5th 3rd??

CocoBeen
by Beenie on Feb. 16, 2012 at 2:59 AM
Was there a recent deposit? Sometimes they will hold over a certain amount till it clears.
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LiesLiesLies
by Ruby Member on Feb. 16, 2012 at 3:00 AM
Pending credit (not debit) transactions?

That's how mine is.
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AngelMama6203
by Bronze Member on Feb. 16, 2012 at 3:00 AM

Usually when my bank updates overnight, all the pending transactions disappear, but are still counted in the available balance. It's usually fixed by morning.

MIA0223
by Ruby Member on Feb. 16, 2012 at 3:02 AM

Yeah, it deposited around 1 a.m. yesterday. Was a pending deposit until some time between then and now. Now it shows a change in the ledger, but "available balance" shows no change.

Quoting CocoBeen:

Was there a recent deposit? Sometimes they will hold over a certain amount till it clears.


MIA0223
by Ruby Member on Feb. 16, 2012 at 3:02 AM

Huh?

Quoting genagina:

is it freaking 5th 3rd??


yo_ho
by Gold Member on Feb. 16, 2012 at 3:02 AM

Either they are holding part of the funds or you have to have so much money in the account that you can't withdrawl. I know in my savings account I have to have a $50 balance.

PookaboosMom
by Platinum Member on Feb. 16, 2012 at 3:04 AM
5th 3rd Bank. Never under stood the name lol

Quoting MIA0223:

Huh?


Quoting genagina:


is it freaking 5th 3rd??



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MIA0223
by Ruby Member on Feb. 16, 2012 at 3:05 AM

It's a business account, I don't think we have any limits. I have never really monitered it until the past few days, lol.
Can't sleep!!!!

Quoting yo_ho:

Either they are holding part of the funds or you have to have so much money in the account that you can't withdrawl. I know in my savings account I have to have a $50 balance.


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