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difference between the two? What really my current balance is? Because i remember not taking any money out that should make my balance go below $50. Please let me know.
November 1, 2015 10:12:22 PM
In reply to Manyah, Philadelphia
Thanks for reaching out to us on TD Helps, Manyah! We'll be glad to explain the difference between your current and available balance.
Your "Account Balance" is the true amount of money in your account at the start of any given business day. When locating your actual balance, you would want to look at the "Available Balance" as that number is reflected after all pending transactions are deducted from the Account Balance. Here are a few things to remember:
-Your Available Balance is reduced by any pending debit card transactions (purchases and ATM withdrawals), and includes any deposited funds that have been made available.
-Your Available Balance does not reflect checks that you have written that have not yet cleared, or payments made in Bill Pay by laser draft (paper check) that have not yet cleared.
-Your Available Balance also does not include electronic payments in Bill Pay that have not yet been paid, or debit card transactions that have not yet been processed by the vendor for payment.
-If you exceed your available balance, you may incur an overdraft fee.
You may also find this video useful discussing what an Available Balance is: http://bit.ly/1qSujaj. If you have any other questions, please feel free to call us 24/7 at 888-751-9000.
We hope this answers your question, Manyah and have a great night! Take care.
Katherine G, Mount Laurel
November 1, 2015 10:14:02 PM