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"stop payment" Definitions
  1. a depositor's order to a bank to refuse to honor a specified check drawn by him or her
"stop payment" Synonyms

31 Sentences With "stop payment"

How to use stop payment in a sentence? Find typical usage patterns (collocations)/phrases/context for "stop payment" and check conjugation/comparative form for "stop payment". Mastering all the usages of "stop payment" from sentence examples published by news publications.

"Things seem to be coming to a head with a hard stop payment due on Monday," Schulz said.
If you haven't canceled payments from the retailer, you can also complete what's called a "stop payment" with your bank.
He just told me that there was an incident like this and that they had already asked for stop payment.
"Insurers have already been permitted to be more aggressive, saying patients have to be brought down or else we're going to stop payment," said Kertesz.
The Ethicist I manage my elderly father's financial affairs and was unable to stop payment on a check he sent to a tech-support scammer.
But the internet bank with only one branch still charged several $15 and $30 penalties for things like insufficient funds, excessive withdrawals and stop-payment requests.
In those letters — copies of which Jain provided to Business Insider — HMIT blamed "accelerated changes in law" for its instructions to bankers to stop payment on postdated checks.
Discover says it will no longer charge fees for insufficient funds, excessive withdrawals, falling below minimum balances and stop-payment requests on any of its checking, savings, money market and CD accounts.
Palestinian Authority leader Mahmoud Abbas was reportedly furious with Kushner after a "tense" meeting, in which the White House aide relayed Israeli demands that the authority stop payment to terrorists and their families.
In fact, in a theatrical gesture last week the Puerto Rico Senate unanimously passed a bill that would stop payment for any local Treasury disbursements to the oversight board as required by PROMESA.
A federal judge in San Jose has dismissed most of a proposed nationwide class action accusing Bank of America of wrongly charging fees to stop electronic payments, ruling that federal law does not restrict the stop-payment fees banks can charge.
In May, SWIFT published a new "customer security plan," promising to  strengthen security on software tools such as  Alliance Access; to develop new tools to spot when an account has been compromised and when a payment instruction deviates from normal patterns; and to allow banks to issue "stop payment" orders quickly.
Mamata Banerjee has been criticised for starting controversial stipends to imams (Iman Bhatta). which was ruled unconstitutional by Calcutta High Court and ordered the West Bengal government to stop payment of a monthly stipend to thousands of imams and muezzins in the state.
Through this facility, customers are able to access their account from more than 1200 branches located in 150 cities across Pakistan. Transactions such as Cash Deposit, Cheque Encashment, Stop Payment, Account Statement, Funds Transfer, Bill Payments are done online without the need to travel to the local branch.
The "stop payment" date refers to when 50 yen notes ceased being paid from the central Bank of Japan to municipal banks, it has nothing to do with making the notes invalid. Spending 50 yen notes is not advised as they are worth much more than their face value on the collector's market.
Online banking is that facility by which customers can access their account from all of its branches. They can do all transactions like cash deposit, bill payments, stop payment, account statement, funds transfer, etc. It is one of the fastest- growing mid-sized banks of Pakistan, reaching urban and as well as rural areas of the country.
Main article: SmartTAG An extension of Touch 'n Go is SmartTAG or TAG on board unit, which allows users to insert the card into a reader device installed in the vehicle for fully automatic/non-stop payment at toll plazas. Payment is made automatically as the toll charge is deducted from the value stored in the Touch 'n Go card.
Most banks also enable customers to download copies of bank statements, which can be printed at the customer's premises (some banks charge a fee for mailing hard copies of bank statements). Some banks also enable customers to download transactions directly into the customer's accounting software. The facility may also enable the customer to order a cheque book, statements, report loss of credit cards, stop payment on a cheque, advise change of address and other routine actions.
Since 2000, at least $106 million of the $204 million promised to Austin and smaller cities such as Manor and Leander. At the same time, however, it was spending more than $300 million on commuter rail, park-and-ride lots, a new maintenance and operations center, and other facilities. As the Great Recession spread to Austin in 2009, tax revenues dried up and Capital Metro had to stop payment on a $51 million loan owed to Austin as part of a 2001 agreement.
First edition published 1841, second edition 1852 to attract capital. Law's pioneering note-issuing bank thrived until the French government was forced to admit that the number of paper notes being issued by the Banque Royale exceeded the value of the amount of metal coinage it held. The "bubble" burst at the end of 1720, when opponents of the financier attempted to convert their notes into specie (gold and silver) en masse, forcing the bank to stop payment on its paper notes.Davies, Roy and Davies, Glyn.
The was a denomination of Japanese yen that was issued from 1872 to 1958 (non- consecutively) in paper form. The first two issues for this denomination are rare for various reasons, including the latter of the two not being released for circulation. The final issue (also known as "B series") was short lived as it was only issued from 1951 to 1958. Eventually a "stop payment" order was given causing the old 50 yen bills to be pulled from circulation in favor of the 50 yen coin.
Arbogast & Bastian filed for Chapter 11 bankruptcy on May 11, 1984, citing cash flow issues brought about by "two years of turbulent market conditions in the pork industry," a labor dispute with the Teamsters labor union and the recent shutdown of A&B;'s slaughtering operations. The bankruptcy was immediately triggered because one of the company's customers had issued a stop-payment on $800,000 worth of checks paid to Arbogast & Bastian. The firm's financial woes were further complicated by four large meat packing companies - Pork Cutters, Inc., Rotches Pork Packers, Inc.
Bachus also had a reputation for good constituent service. ;1990s In the late 1990s, during his tenure as Chairman of the Banking Oversight Committee, he uncovered the Community Development Financial Institute (CDFI), which led to the resignation of the top two CDFI officials. In the 1990s he became an advocate of international debt relief for the Third World, and joined a broad coalition of activists in a one-day fast to demand action, which was ultimately successful. He criticized the Bush administration over negotiations with the genocidal regime in Sudan, and urged Bush to stop payment of oil revenues to the Sudanese government.
An unofficial nickname dubbed "Takahashi notes" are also given for the "B series" as they feature former prime minister Takahashi Korekiyo on the front, and the Bank of Japan building on the back. The first 50 yen coins debuted in 1955, which was the beginning of the end for their 50 yen note counterpart as the two circulated concurrently. Finally a "stop payment" order was given in 1958 with the banks requesting the notes be withdrawn from circulation. Currently all notes of the "B series" continue to remain legal tender and are redeemable at face value from banks.
POS electronic terminals may also provide other important services to affiliated merchants. A good example is the Bank Check Verification Service that allows a vendor to make a quick online inquiry to the Brazilian bank check control entity called SERASA, to confirm information presented on the check as well as confirm whether the check has been stolen, lost, canceled or subject to a stop payment order, from anywhere in the country. FoneShop The FoneShop platform allows affiliated merchants to make sales and payment transactions via cell phones through a POS electronic terminal, requiring the use of a simple updated application. In these cases, the cell phone becomes the payment vehicle.
Status messages such as closed account, NSF, stop payment or invalid account can help determine if a check or ACH transaction will be good. The results are based on account validity, so there is no way to know if the check will actually clear when it is presented, or if the exact dollar amount is going to be available. This type of system is used less at retail establishments, and more for companies that do checks by phone sales, monthly check drafting, monthly billing via ACH and online sales. It reduces the number of bad payments that are deposited due to human error, fraud or account status.
But the Embassy officials, thinking they're being set up, refuse the money. So Richard and Alex deposit the cash, find another charity, and end up writing a check to "The Porpoise Purpose," headed by Stuart Hendron (Lance Bass) and his assistant Olivier (Mitch Silpa). Just then, they learn from their Realtor, Logan, (Tom Lenk), that Edendale is now on the market. They really want it but have given the money to the porpoise charity—so they stop payment on the check and use the money as down payment on the house, intending to repay the charity by taking out a second mortgage once escrow closes.
Tata Communications Transformation Services (TCTS), a 100% subsidiary of Tata Communications Ltd, provides business transformation, managed network operations, network outsourcing, and consultancy services to telecommunication companies around the world. Tata Communications Payment Solutions Limited (TCPSL) formerly known as Tata Communications Banking InfraSolutions, is a wholly owned subsidiary of Tata Communications. TCPSL is one of the fastest growing Payment Solutions specialists in India offering end-to-end B2B and B2C solutions. Being a 100% Banking and Financial Services focused organisation, TCPSL offers one stop payment solutions to all categories of banks including PSU, Private, MNC and Co-operative banks. TCPSL’s White Label ATM offering under the brand name Indicash marks its foray in the B2C space.
The bank was founded under the name Vere, Glyn & Hallifax. Joseph Vere was an experienced banker who was a member of the Goldsmiths Company and had been involved with earlier banking partnerships; Richard Glyn had been a prominent London drysalter with widespread merchanting connections; and Thomas Hallifax was the son of a Barnsley clockmaker who had become chief clerk at Martins Bank. Unlike many of the private London banks that relied on wealthy and titled customers, Glyn, Mills was originally a commercial institution; railway companies, the Sun Insurance and the Hudson's Bay Company were leading customers. Vere died in 1766 leaving Glyn and Hallifax as partners; they traded satisfactorily until the financial panic of 1772 when the Bank had to stop payment for some weeks and narrowly avoided bankruptcy.
The Ohio Board of Professional Conduct recommended to the Ohio Supreme Court to suspend Owens law license for 6 months after an investigation in to the events of a spousal support payment made by Owens on behalf of a client. The recommended sanctions resulted from Owens misconduct in paying a clients overdue spousal support payment of $58,242.93 from his IOLTA client trust account, which holds other client funds, to the Delaware County Child Support Enforcement Agency. Subsequently, Owens placed a "stop payment" on the check which caused the check to the Child Support Enforcement Agency to bounce. The non-sufficient fund payment obtained the premature release of his client from incarceration at the Delaware County Jail, The Board of Profession Conduct found that Owens's conduct violated three professional conduct rules.
Confirmed acceptance credit means that the bank upon which the credit has been issued, essentially guarantees payment as long as the terms of the letter of credit have been complied with. Confirmed acceptance credit is more expensive to establish than unconfirmed acceptance credit because the issuing bank is effectively guaranteeing payment. It also transfers the risk of non-delivery to the recipient, because once the seller places the product in the hands of the shipping company, the seller has complied and will be paid; if the shipment does not arrive, is delayed, or other problems occur, the buyer cannot stop payment or otherwise prevent redemption of the acceptance credit. Banks may also create an acceptance credit facility allowing a company to issue time drafts not linked to specific shipments in order to provide general working capital finance.

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