stop payment


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Related to stop payment: Stop Payment Order
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  • noun

Words related to stop payment

a depositor's order to a bank to refuse payment on a check

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References in periodicals archive ?
Consider, how could a bank even claim "good faith" after receiving the initial stop payment order?
Albin wrote that federally insured credit unions should retain a stop payment order as an electronic record in accordance with its record retention policy.
A Bar Board of Governors committee is concerned that Florida lawyers aren't sufficiently aware of a recent Supreme Court ruling that they must issue stop payment orders on checks issued from their trust accounts if they are served with writs of garnishment seeking that money.
Once I explained the situation to her she gave me permission to stop payment on the paycheck we'd given him and to reissue a new paycheck less the $50 he owes the company.
Fox said he faxed a request to interim Chief Executive Officer Les Wong to put a stop payment on the $478,348 check.
The Florida Supreme Court has ruled that lawyers have an obligation to issue stop payment orders on checks issued from their trust accounts if they are served with writs of garnishment seeking that money.
These services offer maximum check authorization flexibility and convenience along with special programs for business check conversion, disputed stop payment protection and a hold check program for standard guarantee.
It's futile to stop payment on a check or money order.
She wanted to stop payment for ad hoc committee meetings.
Other enhancements include ACH capabilities that eliminate the need for DOS Fedline applications, simplify stop payments based on company identification and displays stop payment suspects and images online, saving time and improving customer services.