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-Maria Theresa
Stop Payment
A banking process through which an account holder can request the bank to stop the payment of a cheque or payment transaction that has been issued but not yet processed.
Drawer
In banking and finance, refers to the party that writes and signs a check or draft, instructing their bank to pay a specified sum to the named party.
Calendar Days
All days in a month or year, including working days, weekends, and public holidays, considered without exception.
Dishonored
Pertains to a financial instrument, such as a check or bill of exchange, that has been presented for payment and rejected.