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
The Available Balance would be $800.00 and the Balance would be $1,000.00.
If this member has not opted in to Courtesy Pay the debit card transaction would post resulting in a new Available Balance -$10.00 or negative ($10.00).
This would result in a new Available Balance of -$560.00 or negative ($565.00).
Items presented in any manner above would be paid or approved based on the Available Balance of $800.00.
The Credit Union considers the Available Balance when determining the balance upon which to pay an Item.
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 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.
Available Balance means the value of available funds in your Account.