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Banks cannot provide an exact balance due to privacy laws so they refer to balances by providing a range.
Mid 3 refers to a bank balance somewhere in approx. the $400-$700 range. Three figures = $100 up to $999. The low, mid and high referring to whether the balance is closer to the $100 range, the $999 range of somewhere in the middle.
This is similar to how one would refer to someone who earns over $100,000 as a "Six-figure salary".
What else can I help you with?
What does it mean when the bank account in the cash book has a credit balance?
That doesnt happen often, but its when you send a bad check. Because cash account is an asset and carry debit balance
What does it mean to balance or reconcile your account?
It means to make sure the numbers the bank statement has matches the numbers you have.
What do reference numbers on bank statements mean?
e reference number on a bank statement mean
What does bank account holder mean?
its a type of bank account where the name of the account holder is kept secret.
What does Vested Balance mean?
Balance in your investment account before tax
What does Bank balance mean?
It means how much money you have in an account at the bank.
What is mean by lien balance in bank account?
zero
How must i sign up in order for me to check my balance in my account?
Assuming you mean a bank account: The details depend on the specific bank. Contact your bank for details.
What does force over balance on a bank account mean?
"Force over balance" refers to a transaction that is forced through disregarding any holds or the current balance on the account.
What does it mean when the bank account in the cash book has a credit balance?
That doesnt happen often, but its when you send a bad check. Because cash account is an asset and carry debit balance
What does it mean to balance or reconcile your account?
It means to make sure the numbers the bank statement has matches the numbers you have.
What do reference numbers on bank statements mean?
e reference number on a bank statement mean
What does D mean on a bank statement?
There will usually be a letter next to your bank account's balance. This will either be "C" (Credit) or "D" (Debit). A D next to your balance means you're in overdraft.
What does it mean to reconcile a bank account?
A savings and especially a checking bank account have constant deposits and withdrawals, including debits and checks against the account. To reconcile an account is to start from the last monthly balance, add in all deposits, subtract the debits, checks, and withdrawls. Further, it usually means doing each one by one, to arrive at the correct current balance which should match the bank's stated balance.
What does ITF internal transfer of funds mean on a bank account?
what does itf mean on a bank account
Which type of checking account pays interest on the mean balance of the account during a particular cycle?
Average Balance account
What does relationship bank account mean?
A relationship bank account does not use money...
