Current Balance definition

Current Balance means the total debit balance (inclusive of all Charges) which shall be debited to the Card Account outstanding on the Card Account payable to the Bank according to the Bank's records on the date the Statement of Account is issued.

Current Balance in relation to a Loan at any relevant date, means the aggregate principal balance of the Loan at such date (but avoiding double counting) including the following:

Current Balance refers to the Cardmember’s current balance of the month in the relevant Statement Date;

Examples of Current Balance in a sentence

• Funds from deposits are added to your Current Balance when you deposit them but if the deposits are on hold they won’t be available for transactions, and won’t be reflected in your Available Balance.

• If your Account has authorized pending payment transactions, POS Transactions or temporary merchant payment authorization holds or deposits on hold, not all of the money in your Current Balance will be available for transactions and may be a different amount than your Available Balance.

• Funds are deducted from your Current Balance when the authorized pending payment transaction posts to your account and the funds are actually paid out.

• Your Current Balance does not reflect authorized pending payment transactions, POS Transactions, temporary merchant payment authorization holds or deposits on hold, it only reflects payment transactions that have actually posted to your account.

• If yes, please list in Section D below: Name of Mortgagor, Agency, Borough, Block, Lot, Account Number, Principal Amount, Monthly Installment and Current Balance.

More Definitions of Current Balance

Current Balance of a Loan means, on any date, the aggregate balance of the Loan at such date (but without double counting) including:

Current Balance means in relation to an Eligible Receivable at any date, the aggregate (without double counting) of the Outstanding Principal Amount and Accrued Interest (unless it concerns calculations for either the Asset Cover Test or the Amortisation Test Aggregate Asset Amount, in which case Accrued Interest will not be included) as at that date.

Current Balance means in relation to any Mortgage Loan as at any given date, the aggregate (but avoiding double counting) of:

Current Balance means all amounts outstanding on a Card Account, including all amounts incurred by the use of the Cards (including Supplementary Cards) but not yet charged to the Statement of Account.

Current Balance means cash in an account established pursuant to this subrule plus the current value of investments of moneys collected pursuant to subrule 114.31(8) and used to purchase one or more of the investments listed in Iowa Code section 12B.10(5).

Current Balance. The actual amount of funds in your Account and not necessarily the amount available for transactions. Funds from deposits are added to your Current Balance when you deposit them but if the deposits are on hold they won’t be available for transactions, and won’t be reflected in your Available Balance. Your Current Balance does not reflect authorized pending payment transactions, POS Transactions, temporary merchant payment authorization holds or deposits on hold, it only reflects payment transactions that have actually posted to your account. Funds are deducted from your Current Balance when the authorized pending payment transaction posts to your account and the funds are actually paid out. If your Account has authorized pending payment transactions, POS Transactions or temporary merchant payment authorization holds or deposits on hold, not all of the money in your Current Balance will be available for transactions and may be a different amount than your Available Balance. See the definition of Available Balance for more information. Debit Card: A card that may be used at certain ATMs to access your linked Accounts to make cash withdrawals, deposits, and transfers and to obtain balance information. Debit Cards can be used to make purchases from participating merchants.

Current Balance means the balance of a Card Account (inclusive of all Charges which shall be debited to the Card Account) outstanding on a Card Account payable to RAKBANK according to RAKBANK’s records on the date the Credit Card Statement for that Card Account is issued.