Balance Types

The following balance types are specifically designed for use in open banking connections. Each provides a distinct view of the account's status at various points in time:

ClosingAvailable

• The closing balance of the amount of money that is at the disposal of the account owner on the specified date.

ClosingBooked

• This is the balance of the account at the end of the pre-agreed account reporting period. It includes the sum of the opening booked balance at the start of the period and all entries booked to the account during this period.

ClosingCleared

• The closing balance of the amount of money that is cleared on the specified date.

Expected

• A balance composed of booked entries and pending items known at the time of calculation. It projects the end-of-day balance, assuming all items are booked on the account with no new entries.

ForwardAvailable

• The forward available balance of money that is at the disposal of the account owner on the specified date.

Information

• This balance is provided for informational purposes.

InterimAvailable

• An available balance calculated during the account servicer's business day at a specified time. It is subject to changes during the day and is based on booked credit and debit items as of the calculation time.

InterimBooked

• This balance, like InterimAvailable, is calculated during the business day at a specified time and is subject to changes. It is based on the booked credit and debit items as of the calculation.

InterimCleared

• The cleared balance calculated at a specified time during the account servicer's business day, subject to further changes.

OpeningAvailable

• The opening balance of the amount of money that is at the account owner's disposal on the specified date.

OpeningBooked

• The book balance of the account at the beginning of the account reporting period. This balance always equals the closing book balance from the previous report.

OpeningCleared

• The opening balance of the amount of money that is cleared on the specified date.

PreviouslyClosedBooked

• This is the account balance at the end of the previously closed account reporting period. The opening booked balance for the new period should equal this balance. The previously booked closing balance should match the booked closing balance of the date it references and should also match the actual booked opening balance of the current date.