BankingTech FinTech

[Discussion] Does a pending amount already reflect on my total balance?

July 08, 2020 at 08:49PM

In short I never did figure this out but here is an example.

Say my bank tells me my total amount is $1300 in my account with a purchase pending of $450. Is the $450 reflected onto my total already or is my account still $1300 and the $450 is about to make it $850? (Which means if I cancel the payment I should have $1750 in my account).

submitted by /u/Bardofkeys
[link] [comments] via Savings, Checkings, CDs, oh my!

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