stop payment


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Related to stop payment: Stop Payment Order

stop payment

Instruct a bank not to honor a check one has drawn, as in If that check was lost, we'll have to stop payment on it before issuing another. This usage was first recorded in 1722.
See also: payment, stop
References in periodicals archive ?
Until that point, a payor may issue a stop payment order on the check, transfer the funds to another account, or even liquidate the bank account.
On-line transaction initiation -- Allows the user to initiate a variety of transactions, such as stop payments and wire transfers.
Other innovative services -- In-depth customer care solution to enable customer service and sales representatives to easily interact with corporations, and unique self-service functions such as stop payments, eStatements and alerts.
First Community will be implementing the entire suite of Web Cash Manager products, including book transfers, balance activity and reporting, stop payments, ACH processing, wire transfers, positive pay and payroll processing.
Bankruptcy Law, Northwest must determine whether it will resume payments or permanently stop payments during the 60 day period.
Bankruptcy Law, Delta must determine whether it will resume payments or permanently stop payments during the 60 day period.
Business customers can write checks, make deposits, stop payments, and execute wire transfers.
Panhandle State Bank will employ a broad range of functionality through Web Cash Manager including information reporting, wire transfers, ACH, stop payments, positive pay, and a link to bill payment.
Fulton Financial will utilize a broad range of Web Cash Manager functionality including wires, ACH, real-time host inquiries, reporting, transfers, stop payments, cash concentration, bill pay, positive pay, and Quicken and QuickBooks interfaces.
Deposit/Loan Management - Integrated management of information for commercial deposits and loans, stop payments, account transfers and positive pay