Total Outstanding Authorization Amount?
- Thread starter noobsaibot
- Start date
I found this on HDFC Bank's site:
Internet Bank Account | HDFC Bank - Net Banking FAQs, Internet Bank Accounts
Total outstanding authorizations
(This is the sum of all the transactions after the latest statement date which are authorised by you but are yet to be billed to your account. In case you have availed Cash-on-Call, it also includes the Cash-on-Call principal amount which is outstanding on your card account.)
(This is the sum of all the transactions after the latest statement date which are authorised by you but are yet to be billed to your account. In case you have availed Cash-on-Call, it also includes the Cash-on-Call principal amount which is outstanding on your card account.)
I made a transaction in the morning of Nov 2. And another couple of transactions in the afternoon. And my bill date is 5th.
So when the statement came on 6th, the morning transaction is not listed in that whereas the two transaction I made in the afternoon was included in the bill.
And the first transaction is not listed under unbilled transactions also. But they have reduced the available credit for that amount and that amount is shown as total outstanding amount.
That's why I am confused.
Any help on this?
So when the statement came on 6th, the morning transaction is not listed in that whereas the two transaction I made in the afternoon was included in the bill.
And the first transaction is not listed under unbilled transactions also. But they have reduced the available credit for that amount and that amount is shown as total outstanding amount.
That's why I am confused.
Any help on this?
I made a transaction in the morning of Nov 2. And another couple of transactions in the afternoon. And my bill date is 5th.
So when the statement came on 6th, the morning transaction is not listed in that whereas the two transaction I made in the afternoon was included in the bill.
And the first transaction is not listed under unbilled transactions also. But they have reduced the available credit for that amount and that amount is shown as total outstanding amount.
That's why I am confused.
Any help on this?
So when the statement came on 6th, the morning transaction is not listed in that whereas the two transaction I made in the afternoon was included in the bill.
And the first transaction is not listed under unbilled transactions also. But they have reduced the available credit for that amount and that amount is shown as total outstanding amount.
That's why I am confused.
Any help on this?
Sometimes it happens that merchants submit all transactions in bulk. So although the authorization has passed through and the amount blocked from your credit limit. The transaction is yet to be completed and hence not showing up on your bill.
Once the merchant completes the formalities by submitting your counter signed authorization slip, the item will appear in your credit card statement in the next billing cycle.
In that case it should be shown under unbilled transactions right?
Now what happens is that if I want to show any proof for that transaction to someone else, I have nothing.
Also does this mean I have to pay that amount in this cycle or should O wait till i get the bill with the specified transaction?
Now what happens is that if I want to show any proof for that transaction to someone else, I have nothing.
Also does this mean I have to pay that amount in this cycle or should O wait till i get the bill with the specified transaction?
In that case it should be shown under unbilled transactions right?
Now what happens is that if I want to show any proof for that transaction to someone else, I have nothing.
Also does this mean I have to pay that amount in this cycle or should O wait till i get the bill with the specified transaction?
Now what happens is that if I want to show any proof for that transaction to someone else, I have nothing.
Also does this mean I have to pay that amount in this cycle or should O wait till i get the bill with the specified transaction?
2. Wait for a couple of days, else call up the bank or write to their customer care. Ideally it should have appeared in your unbilled transactions by now.
3. You need to pay the total amount due as per the bill generated. Once this transaction is billed in the next billing cycle you need to pay thereafter only.