The part of the member's balance for which checks deposited have not cleared for payment.
Checks deposited in a bank account that have not yet cleared or have been paid by the bank or banks on which the checks have been drawn.
Funds that have been deposited in an account by means of a check drawn on another institution that has not yet paid the check.... read full article
Refers to items deposited in an account that have not yet been collected, or paid, by the bank on which they were drawn.
Funds that have been deposited in an account or cashed against an account by a check that has not yet been cleared through the check collection process and paid by the drawee bank. Temporary holds are sometimes placed on their customer's uncollected funds. Funds are unavailable for withdrawal until the time period the hold expires.
The amounts in a company's bank account that are not yet accessible because the checks deposited into the account have not yet cleared the bank on which they were drawn. To Top
Funds that have been deposited in an account or cashed against an account by a check that has not yet been cleared through the check collection process and paid by the drawee bank. Financial Institutions typically place a temporary hold on their customers' uncollected funds, making those funds unavailable for withdrawal until the time period of the hold expires.
The amount of bank deposits in the form of checks that have not yet been paid by the banks on which the checks are drawn.
That part of the members' balance for which checks deposited have not cleared for payment.
The portion of bank deposits held as checks which have not yet been exchanged for funds from the bank on which the check was drawn.