contestada

As a result of Luis putting a "stop payment" on a check that he wrote, Luis will
O be limited to writing two checks a month.
O have to close his checking account.
O have to pay the bank a fee for the service he requested.
O be notified of an increase in the minimum balance requirement for his checking account.

Respuesta :

Answer:c

Explanation:

Luis requesting a stop payment will require him to pay the bank a fee for the service he requested

Stop payment could be defined as a request made by individuals to cancel payments before it's been processed. This could be recurring weekly or monthly subscriptions, personal checks.

They are reasons why individuals might stop payment, here are the following;

- Insufficient funds

- Stolen cheque

- Issue with service rendered

Whenever ''stop payment'' is initiated by an individual, he or she would have to pay the bank a fee for the service he requested. These charges vary with banks.

Luis would have to pay a fee to be able to stop payment on his cheque.

For more on this click this link; https://brainly.com/question/23399189#:~:text=Business-,As%20a%20result%20of%20Luis%20putting%20a%20%22stop%20payment%22%20on,requirement%20for%20his%20checking%20account.

Otras preguntas