A pending transaction is a recent transaction that’s not been fully processed by the merchant.

Pending transactions are deducted from your account balance. Once the transaction is fully processed, its status will update to ‘Cleared’. Most pending transactions clear within three to five working days.

If the merchant doesn’t process the transaction, the funds will reappear in your account balance.

However, if the pending transaction is a refund this won't update your account balance until it has fully cleared.