Mismatched Authorisations. Some merchants may request confirmation that there is sufficient funds in the account to meet the anticipated cost of goods and services they will supply (this is a common practice in hotels and car rental companies). We treat this request as a ‘request for authorisation’. Once the authorisation is made, the available funds are reduced by up to the amount anticipated by the merchant. This means the current balance may not indicate the correct amount until the authorisation is cleared and the Account Holder may find they have reduced funds in the account. When the goods and services have been supplied the merchant may request a subsequent authorisation for the actual costs. This may have the effect of reducing the available balance further by the sum of two authorisation amounts.
Mismatched Authorisations. Some merchants may request confirmation that there is sufficient funds in the account to meet the anticipated cost of goods and services they will supply (this is a common practice in hotels and car rental companies). We treat this request as a ‘request for authorization’. Once the authorization is made, the available funds are reduced by up to the amount anticipated by the merchant. This means the current balance may not indicate the correct amount until the authorization is cleared. When the goods and services have been supplied, the merchant may request a subsequent authorization for the actual costs. The subsequent authorization amount may differ depending on the actual cost of the goods and services purchased.
