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What is a pending transaction?

April 26, 2017transaction

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What is a pending transaction?

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A Pending Transaction is a temporary charge held against your eccount (your available funds) relating to: 1. A transaction (purchase or cash withdrawal) you’ve made using your JB Card, which has been authorised for payment, but has not yet reached your eccount. 2. ‘Reserved’ funds requested by certain retailers. (e.g. upon check-in, some hotels take your JB Card details for an ‘authorisation transaction’ that reserves enough funds to cover your bill). 3. A payment or cash withdrawal you’ve made to your eccount which has not yet cleared.

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