Thursday, December 15, 2011

Available balance and current balance - I'm confused?

Yesterday when I checked my account, it told me my current balance was 拢8.07 and my available balance was 拢107.07. I always thought my current balance was supposed to be bigger than my available balance. Could somebody explain this to me.|||You are correct, unless you have an overdraft facility. Then the extra 拢99 would make sense. Other than that, it's probably a glitch in the system.|||It sounds like you have overdraw coverage. Like you actually have 8.07 but they'll cover you up to 107.07. Which is 99.00 pounds over what you have. I'd ask the bank about that myself. It seems nowadays they're always try to stick it to you with charges for this and that. Good luck.

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