what does pending transaction mean
- The term pending refers to any transaction the bank is aware of but hasn't yet processed or posted. Pending transactions of different types affect the amount of money you have available in different ways. Adult couple meeting with a banker. What can we help you with? Pending Transactions: What They Are and How They Work. Sometimes transactions, especially credit card transactions and signature-based debit transactions, take a couple of days to post to your account. In the meantime, pending transactions help you keep track of outstanding debits to your account.