What Does Available Balance Mean?

Answer

Available balance is the sum total in a bank account that may be withdrawn. It is that portion of a customer's account balance on which the bank has placed no limits, making it available for instant withdrawals.
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What Does 'Available Balance' Mean?
Bank account statements are filled with obscure terminology which can prove problematic and costly should you misunderstand the meaning. Available balance is one of these terms.... More »
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