Balances
Your funds are tracked across the following balances in each sub-account.
The Available balance is the sum of funds that can be used for outgoing transactions. For example, for payouts, transfers, issuing card debits, or settlements to your bank account.
This balance changes regularly as funds from the Pending balance are cleared.
The Consolidated available balance is the total of the Available balances for all of an entity's sub-accounts.
The Collateral balance is the sum of funds reserved by Checkout.com to cover potential liabilities and unplanned risk events associated with your payment processing. For example, funds reserved for fraud, chargebacks, refunds, or business closure.
These funds are reserved on a fixed and/or rolling basis, depending on your account configuration.
The Payable balance includes funds reserved from the Available balance for outgoing transactions. For example, funds for payouts in transit, settlements, and issuing payments that are yet to clear.
When these transactions are cleared, they are deducted from the Payable balance.
The Pending balance is the total sum of incoming funds that are yet to clear, minus any refunds, chargebacks, and fees. Once cleared, these funds move into your Available balance after a fixed delay.
The funds held in the Operational balance serve as a backup to cover payouts and Issuing payments when there are not enough funds in your Available balance.
Holding an Operational balance ensures outbound payments are not declined and enables you to continue to process them, up to the amount held in the Operational balance.