For the New Airwallex WebApp Experience (Beta phase):
If you see "Business Accounts" in the left navigation column, you're on the new Airwallex experience. If you don't see this then please refer to steps outlined under "For the existing Airwallex Webapp Experience"
Your Borderless cash account lists your balances by three distinct types of balances: Available balance, Total balance, and Reserved balance. Each currency also provides a similar level of segmentation. This article aims to explain the meaning of each of these balances.
For the existing Airwallex Webapp Experience:
If you don't see "Business Accounts" in the left navigation column, you're on the old Airwallex experience. You will be migrated to the new WebApp experience soon as we gradually roll it out.
Cash Balances is displayed on the top of the Wallet page by currencies, and each currency Cash balance will display three distinct types of balances: Available balance, Account balance, and Reserved balance.
Noticeably, you may also see other balances on the Wallet page in addition to Cash Balances based on your product usage, and will aggregate to your Total balance.
Total balance
Your Total balance is the sum of your Available balance and Reserved balance. It includes funds you can use now and funds held in the account that are not currently available to use.
Online payments awaiting settlement, shown in Payments, are not included in this cash account total. They are reflected in your cash account balances only after settlement into the account. Any scheduled transactions also do not impact your balances until settlement date.
Available balance
Your Available balance represents the funds that you can use for transactions, such as transfers, currency conversions and card payments. It is subject to regular updates throughout the day as you initiate transactions, or as funds are settled into your account.
Pending/Reserve balance
The Pending/Reserve balance comprises funds already recorded in your cash account but temporarily held and unavailable to use. This includes authorisation holds for payments made with your Airwallex cards, pending refunds for online payments acquired through Airwallex, and risk reserves. This does not include incoming online payments that are still awaiting settlement in Payments.
Pending or reserved funds can be returned to the Available balance in situations such as the cancellation of a pending card transaction or the release of a reserved online payment refund.
Cash Balance charts
Your account page also displays charts that help you track your Cash Balance over time. The chart shows:
- Current cash balance: Shows your Cash Balance as it stands right now.
- Historical cash balance: Shows how your Cash Balance has changed over time, using your end-of-day balance for each past day.
The end-of-day balance is the closing balance recorded at the last moment of each day (23:59:59). Your Historical Cash Balance uses your browser's timezone, so each day's end-of-day balance is the closing value at 23:59:59 in that timezone.