Common use of Current Balance Clause in Contracts

Current Balance. for checking and savings Accounts, refers to the balance after all items presented to FSB have been processed for a particular Business Day, plus or minus any current-day transactions known to FSB (i.e. deposits, debit card transactions or ATM withdrawals). It does not include any checks you may have written but have not yet been cashed. For loan Accounts, refers to the outstanding principal balance on your loan. For line of credit Accounts, refers to the outstanding principal balance on your line of credit Account and may include unpaid fees and/or finance charges.

Current Balance. for checking and savings Accounts, refers to the balance after ▇▇▇▇ all items presented to FSB have been processed for a particular paGicular Business Day, plus or minus any current-day transactions known to FSB (i.e. deposits, debit card transactions or ATM withdrawals). It does not include any checks you may have written wriGen but have not yet been cashed. For loan Accounts, refers to the outstanding principal balance on your loan. For line of credit Accounts, refers to the outstanding principal balance on your line of credit Account and may include unpaid fees and/or finance charges.