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What does “available funds” mean when I’m submitting my bank statement?

April 26, 2017Bank I’m mean

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What does “available funds” mean when I’m submitting my bank statement?

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“Available funds” means that your money is accessible at any time, where you are able to withdraw money at any given time, without penalty. Examples of “accessible funds” are: checking or savings accounts. Please note that your bank statement should be current (not older than 5 months).