What is Sustação de pagamento?
In this glossary, Sustação de pagamento refers to: An instruction by an account holder to a bank to refuse payment on a specific check or transaction before it has been processed, subject to banking terms and fees.
How is Sustação de pagamento used in finance?
In finance communication, this term appears in contexts such as: "O pedido de sustação deve ser feito antes da compensação do cheque, sujeito a taxas."
Why does Sustação de pagamento matter in finance?
Sustação de pagamento matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses Sustação de pagamento?
Sustação de pagamento is mainly used by Financial Analysts, Bankers, and Traders.
What category does Sustação de pagamento belong to?
In this glossary, Sustação de pagamento is grouped under Banking. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.
