What is the difference between ledger balance and Available Balance.

[Trush Jodie]

On my bank account, I always see "Ledger Balance and Available Balance" separately. And the amounts are not always the same. The ledger balance is always bigger than the Available Balance.

What is the differences between the two balances?

 

[Augusta]

The ledger balance reflects your account's balance after all transactions are posted by the end of the business day, while the available balance is the amount you can actually spend or withdraw at any given moment.

 

[Suba]

There is a difference between the ledger balance and the available balance on your bank account. This is because the ledger balance is calculated at the end of each business day, excluding pending transactions. The available balance, on the other hand, is the balance you actually own and can be accessed or used for transactions. It is updated in real time throughout the day.