Understanding your balance.

Your balance is the current gross amount held within your account. Your available balance is the amount you currently have available to spend, taking into account the amount of money in your account, any recent transactions not yet cleared and any planned overdraft. Various circumstances may cause a difference between your balance and available balance. These are explained below:


Recent debit card purchases

Your available balance shows recent debit card payments before we have fully processed (cleared) the payments.  This means we have set aside from your account the money recently spent on your card before the seller actually takes it.  When the money leaves your account, your balance will be reduced, but your available balance will stay the same, as we have already adjusted it to show the payments.


Paying in cash and cheques

Type of payment
Where paid in
When your funds are available to withdraw
Cash In branch or using an Immediate Deposit Machine before 5pm, or using an Express Pay-In before 4pm Same day
In branch or using an Immediate Deposit Machine after 5pm, or using an Express Pay-In after 4pm Next working day
In branch or using an Immediate Deposit Machine or Express Pay-In on a non-working day Same day
Via a cash machine Next working day
Cheques In branch or using an Immediate Deposit Machine before 5pm*, or using an Express Pay-In before 4pm 4 working days after the day of deposit
In branch or using an Immediate Deposit Machine after 5pm*, or using an Express Pay-In after 4pm or on a non-working day 5 working days after the day of deposit
Via a cash machine 5 working days after the day of deposit

*2pm if using an Immediate Deposit Machine in Northern Ireland.


Planned overdraft

Your available balance includes any planned overdraft. Your available balance will be the credit balance in your account, plus the amount of any planned overdraft.

For more information, please call 0345 720 3040 (lines are open 24 hours a day seven days a week).


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The gross amount is the amount before we take income tax at the rate set by law.

Halifax current accounts and services are offered subject to status. Overdrafts are repayable on demand.

Calls may be monitored and recorded.