Available Balance definition

Available Balance means, in relation to any Account, the aggregate of: (i) the balance in such Account in your favour of immediately available and freely transferable funds; and (ii) where we have granted you an overdraft facility or line of credit in respect of such Account, the limit of such overdraft facility or line of credit notified by us to you less the total amount payable by you to us with respect to such overdraft facility or line of credit.
Available Balance means the value of funds available for your use in your Current Account.
Available Balance the amount of E-money issued by us to you but not yet spent or redeemed; “Business Day" Monday to Friday, 0900hrs to 1700hrs GMT, excluding bank and public holidays in Ireland;

Examples of Available Balance in a sentence

  • With the Overdraft Privilege Service, First Bank has the discretion of authorizing and paying transactions that cause your Available Balance to be negative or occur while the Available Balance on the account is negative (up to your Overdraft Privilege Limit).

  • If you enable the Overdraft Preferred Credit Loan Service on your primary account, the unused credit limit of the Preferred Credit loan is added to the primary account’s Available Balance, and this combined amount is used to authorize ATM and everyday debit card transactions at the ATM or point-of-sale terminal.

  • The Overdraft Transfer Service will then go to the next secondary accounts linked to your primary account and only transfer as much as it can from each account (based on the Available Balance in each secondary account at the end of the business day).

  • If you enable the Overdraft Transfer Service on your primary account, the Available Balance of the first linked secondary account is added to the primary account’s Available Balance, and this combined amount is used to authorize ATM and everyday debit card transactions at the ATM or point-of-sale terminal.

  • If the merchant does not submit the transaction for payment before the expiration of the authorization hold, it will be removed from your pending transactions, we will release the authorization hold, and your Available Balance will no longer be reduced by the authorization hold amount.


More Definitions of Available Balance

Available Balance means for any given day during a calendar year the aggregate amount of Federal Funds held in the Fund's custody account(s) at The Bank of New York, or its successors, as of the close of such day or, if such day is not a business day, the close of the preceding business day.
Available Balance means funds in the account based on the Bank’s records including unused overdraft limits (if any) but excluding uncleared cheques and any hold on any sums.
Available Balance means, in relation to any Account, the aggregate of:
Available Balance means your Balance less preauthorizations (described below). Note: Your Available Balance may be positive, zero or negative.
Available Balance means amounts in a Participant’s Account that are indexed to liquid Benchmark Return Options after the Account’s Debit Balance has been reduced to zero.
Available Balance means the Bank Balance at the point in time immediately after the Annual Allocation has been made.
Available Balance means the sums available in the Account based on the Bank’s records.