Your available balance reflects the amount of money in your account before adjusting for pending charges. This is the amount that you can withdraw or spend at any given moment.
The pending balance (or current balance) is the amount of money in your account when it accounts for pending transactions.
Most typically this is due to transactions using your card. The bank will be aware of the Embily card transactions and reflect it in your pending or account balance.
However, the merchant where you used the card may not have submitted the charge for payment yet.
In that case, the charge is sitting in pending status.
The bank is aware of it and has deducted it from your available balance. But it has not yet been confirmed by the submission of a charge by the merchant where it was incurred.
The same situation can develop where you make a cash withdrawal using your debit card at an out-of-network ATM machine.
This feature also allows you to top up your card balance over the limit.
What does it mean?
Now funds over $ 350 (without KYC) and over $ 13,000 (with KYC) will be on the pending balance. As soon as the amount on the available balance is less (you have withdrawn money or made a purchase), the funds will automatically be transferred from the pending balance to the available balance.