How long will the pre-authorization be completed?

The pre-authorization transaction only occupies the available amount of the credit card and is not actually deducted from the account; At the same time, at checkout, if the transaction is completed without pre-authorization, there is no pre-authorization to cancel the operation.

Domestic pre-authorization transactions are automatically revoked within 30 days from the date of authorization, and overseas are 15 days. On the other hand, if the merchant cancels the pre-authorization at checkout, in general, the loan will be released within 1-2 days.

When paying the advance payment:

Debit: Prepaid account

Loan: bank deposit/cash

Last payment and receipt:

Borrow: raw materials/expenses

Credit: Prepaid account (total amount of previous payments)

Bank deposit/cash (final payment)

After payment, the invoice will be received later:

Borrow: raw materials/expenses

Credit: Prepaid Account (Total Payment)

Extended data:

For the pre-authorization transaction, the general merchants will complete the pre-authorization (directly pay with the pre-authorization amount, refund more and make up less)/cancel (provided that they pay in other ways, such as cash) at the final settlement.

After the pre-authorization is completed, the merchant and the bank settle accounts, which can be recorded for 1-2 days according to the settlement amount.

After the pre-authorization is revoked, the limit will be automatically restored within 1-2 days.

If the merchant does not handle this pre-authorization, the quota will be automatically released within 30 days for domestic transactions and within 0/5 days for overseas transactions.

At that time, you can check the change of credit card available amount (you can use the reserved mobile phone number, edit the short message: "The last four digits of 3 13 # card number" is 95533, and reply to the credit card available amount as of the time of sending the short message).