by prazad on June 16th, 2008

prazad

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What is credit/ debit hold how is it different from stop pays

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  • by Anonymous on June 16th, 2008

    Anonymous

    The way it was described to me, a hold is merely a way of checking to make sure the funds are available for a debit transaction. It does not actually make the funds unavailable (as a hold is often for more than the actual transaction), but merely verifies their presence.

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