Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Community

A one-stop forum for all your banking questions

Balance

Reply
1 REPLY 1
MandyP
Community Coordinator

Hello @GSMOTORS,

 

Please be advised that the Available Balance is the amount of money in the account that can be spent. It takes into account all transactions effected on the account (Debits and Credits). The Latest Balance, however, displays the balance of an account but excludes any unbanked / uncleared transactions. For example merchants haven't yet banked point of sale transactions or where deposits haven't yet cleared (like cheques). The purpose of the difference is exactly to show that there are possible transactions in play that affects your balance.

 

Kind Regards,

Mandy

 

 

GSMOTORS
Occasional Visitor

Hi there

 

just want to ask. I had no money in the account till this morning when someone made a eft from the same bank. it shows on my latest balance and not on my current balance. what can be the issue. this is a new accou nt and already i am not happy about this