We refer to the amount of money in your account that you can freely dispose of as your Available Balance, which is based on your Account Balance less any unaccounted card payments.
What is the available balance?
By available balance we mean the amount of money currently available to the client, sometimes referred to as the current account balance.
This is a positive balance, which may be increased by an overdraft or authorised debit, or reduced by blockages from the account. It is therefore a balance that you can use to make payments.
What are Account Blocks?
Blocking refers to transactions and amounts that have already taken place but have not yet been posted. Most commonly, these are card payments where you have paid for a purchase at a merchant but the transaction has not yet been processed by both banks. Until this is done, such a transaction will appear in the blocks.