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What is clr balance?

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Clear balance of a bank account refers to the amount remaining in the account after clearing all outstanding transactions including debits and credits up to a. Clear balance in bank account refers to the amount lying in an account after considering all transactions including the debit and credit till any particular date. Financial institutions use the clearing balance requirement to describe the amount of money or balance which they anticipate will be required to perform their clearing services. Clear balance in bank account refers to the amount lying in an account after considering all transactions including the debit and credit till any. Clear balance means the amount lying n account after considering all transactions viz. Or When you visit your bank to withdraw money which your friend had deposited by cheque and teller informs that, your balance is insufficient.

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Drishti Iyer
Medicos at Rajiv Gandhi University of Health Sciences

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