When you are internet banking

Question

What does C.R. stand for by a sum of money? Then it says available balance.

EXAMPLE

Account Balance £256 C.R.

Available Balance £223.97

what does this mean?

thanks

Answer 1

CREDIT LIMIT

Its the amount of unauthorised overdraft you are allowed before incurring bank charges

Answer 2

It means you're in CREDIT by £256.

Answer 3

CR stands for credit.

It means you had £256 on your account and then you bought something for £32.03 (or made a few transactions for this value). Whereas your bank account still has £256 you can only spend £223.97. It should be cleared in a few days and these figures will be the same (of course if you don't use your account).

Hope it helps

Answer 4

credit i think. Meaning it is what is available in your bank balance.

Answer 5

I believe £256.00 in credit balance but instantly availabe to spend is £233.97 at the time when you looking at internet account. There is possiblity you have spend £32.03 but still in pipline to be debited in to your account at the time you looking at your account.

Answer 6

i think it means that you are in credit by £256.00 but you have a available balance of £223.97 so you must of bought some thing on your card may be for 32.03 so what its saying is that the 32.03 is pending and due to leave your account so when it leaves your account you will be left with 223.03 hope this helps