If any inward cheque clearing cheque has match with the stop pay list which is defined and updated by the Paying Member. Paying Member will return the cheque with a reason “Stop Pay Matched”.
Why does bank stop payment order cheques? Print
Modified on: Mon, 30 Sep, 2019 at 4:05 PM
Did you find it helpful? Yes NoSend feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.