stop payment

Related to stop payment: Stop Payment Order

stop payment

To prevent a bank check or wire transfer from being honored or processed and having the funds leave an account. The bank stopped payment when they suspected that the signature on the check had been forged. Unfortunately, as the direct debit has already been issued for this month, you'll have to call the bank to stop payment.
See also: payment, stop
Farlex Dictionary of Idioms.

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
The American Heritage® Dictionary of Idioms by Christine Ammer.
See also:
  • bank
  • bank account
  • fly kites
  • bank up
  • on deposit
  • bounced check
  • be cutting it fine
  • bogus check
  • cold check
  • hot check
References in periodicals archive
"[A] payor of a check may issue a stop payment order after the check has been written in an attempt to prevent the check from being paid and the funds from being transferred to the payee," Pariente wrote.
In addition, you might also ask the employee whether he was charged any fees from the bank for the stop payment, and offer to reimburse him.
Speaking at the hearing, BSP Settlement Services Division acting manager Nenita Cadapan said that the reason the Bangladesh Bank could not send the more commonly used high priority stop payment order via the Swift system was that Bangladesh Bank and RCBC did not have previous dealings that would have allowed an authenticated message to be used.
Accordingly--said Justice Barbara Pariente writing for the unanimous court in upholding a Second District Court of Appeal decision--pursuant to the provisions of the garnishment statute, the attorney in those circumstances has an obligation to inquire of the bank as to the status of the funds in his or her trust account and to issue a stop payment order if he or she has the ability to do so.
Speaking at the hearing, BSP Settlement Services Division acting manager Nenita Cadapan said that the reason the Bangladesh Bank could not send the more commonly used high priority stop payment order via the Swift system was that the Bangladesh Bank and RCBC did not have previous dealings that would have allowed an authenticated message to be used.
5, the publicly listed bank controlled by the wealthy Yuchengco family received a stop payment order from the Federal Bank of New York at 5 p.m.
The High Court in Dublin granted an injunction to stop payment of the Lotto winnings.
Available services are to include information reporting, stop payment, ACH origination, wire transfer, internal transfer, and positive pay.
The High Court granted an injunction to stop payment of the Lotto winnings.
The state challenged the Senecas on their decision to stop payments and won the arbitration by a 2 to 1 vote that from the beginning did not sit well with the Seneca Nation, and they have been publicly silent ever since.
PAL has sent her forms asking her to fill the details of her late husband's properties and provide his manuscripts, otherwise they will stop payments. Pari Bibi 66, told The Express Tribune that over the she has lost Azam Khan's works and now fears losing the stipend that was helping her buy medicines in old age.
ISLAMABAD -- The Election Commission of Pakistan (ECP) on Thursday asked Accountant General of Pakistan Revenue (AGPR) to stop payments against tenders issued by various departments for publication in dailies after April 1.
'I have ordered to stop payments to the contractors, and ordered to complete the pending inquiry against the contractor by Monday next.