Available Balance definition

Available Balance means, in relation to any Account, the aggregate of:
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;
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.

Examples of Available Balance in a sentence

  • Your Available Balance (and not Current Balance) is used to determine when your Account is overdrawn.

  • This is because your Available Balance may not reflect all of your outstanding Checks and automatic bill payments that you have authorized, or other outstanding transactions that have not been Posted to your Account.

  • If the Available Balance in your checking Account is not sufficient to cover the amount of an Item, we consider the Item to be a Non-Sufficient Funds Item.

  • It is very important to understand you may still overdraw your Account even though the Available Balance appears to show there are sufficient funds to cover a transaction that you want to make.

  • Merchants generally will not be able to tell you your Available Balance.


More Definitions of Available Balance

Available Balance means the value of funds available for your use in your Current Account.
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 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 value of available funds in your Account.
Available Balance means your Balance less preauthorizations (described below). Note: Your Available Balance may be positive, zero or negative.
Available Balance means the sums available in the Account based on the Bank’s records.