Finance English
Banking

¿Qué es Orden de no pago?

Orden de no pago A formal, legal instruction from an account holder to their financial institution to halt payment on a specific check or transaction before it is processed.

Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

How is “Orden de no pago” Used in Practice?

La orden debe recibirse antes de que se cobre el cheque y puede conllevar comisiones.

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

¿Qué es Orden de no pago?

A formal, legal instruction from an account holder to their financial institution to halt payment on a specific check or transaction before it is processed.

Where can I learn this term for free?

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