What’s the difference between my account balance and available balance?
Your account balance is the total in your account. If you see “OD” (meaning Overdraft) in front of the amount, this is the amount you owe.
Available balance represents the funds you are able to withdraw, transfer and use.
For transactions or savings accounts, the available balance may be more than the account balance because of an arranged overdraft. The available balance may also be less because of un-cleared funds, such as a cheque.
For loan accounts, an available balance may be an amount available for you to draw down, or redraw or use as a line of credit. A nil balance indicates you have used the full value of the approved loan.
For credit cards, the meanings are a little different.
Direct Debits coming out of your account will show on your account statement which you can see online in FastNet ...
To have the ability to create a direct debit file to pull money from other accounts, you must be a ...
For questions about Direct Debits that you have authorised, you need to speak to the business or person you authorised ...