What do the difference balances on my Balance Account mean?

Q: What do the difference balances on my Balance Account mean?

<html><head></head><body>On the Balance Account Details page &gt; Balance Account, you might see different balances displayed, such as Current Balance, Available Balance, Reserved Balance, and Pending Balance. Below is an explanation of each balance type and what it corresponds to: <ul><li>Current Balance: the total maximum funds that are not yet settled (outgoing or incoming)</li><li>Available Balance: the total funds that the Account Holder can readily use</li><li>Reserved Balance for Outgoing funds: These funds are reserved and are awaiting final settlement. They are reserved for chargebacks, refunds, Issuing Payments, or Capital Repayments.</li><li>Pending Balance from Incoming funds: Incoming funds are awaiting final settlement, including the transfers with future Value Dates. </li></ul></body></html>

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Accepted Answer

On the Balance Account Details page > Balance Account, you might see different balances displayed, such as Current Balance, Available Balance, Reserved Balance, and Pending Balance.
Below is an explanation of each balance type and what it corresponds to:

Current Balance: the total maximum funds that are not yet settled (outgoing or incoming)
Available Balance: the total funds that the Account Holder can readily use
Reserved Balance for Outgoing funds: These funds are reserved and are awaiting final settlement. They are reserved for chargebacks, refunds, Issuing Payments, or Capital Repayments.
Pending Balance from Incoming funds: Incoming funds are awaiting final settlement, including the transfers with future Value Dates.

What do the difference balances on my Balance Account mean?

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