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

By prazad Asked Jun 16 2008 5:39AM
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by Anonymous on Jun 16, 2008 at 5:43 am Permalink

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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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