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 Statement balance and outstanding balance, what is the different ?

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TSIckythump
post Oct 30 2021, 11:57 AM, updated 5y ago

On my way
****
Senior Member
544 posts

Joined: Aug 2007


i know both mean i owe bank money

but actually what is the different between both ??
TSIckythump
post Oct 30 2021, 12:17 PM

On my way
****
Senior Member
544 posts

Joined: Aug 2007


im still confusing , which one is actually i need to pay ? or its it combined together ?

AFAIK outstanding balance is the ACTUAL balance i owned from bank

is statement balance just a reference or some sort ??

This post has been edited by Ickythump: Oct 30 2021, 12:19 PM

 

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