1031 - Stop Payment Fee Description

Category Core Specific

Description This field specifies the description associated with the stop payment fee.

Purpose Controls the text description used when applying or displaying a stop payment fee. Allows institutions to provide clear fee labeling for transactions and reporting.

Valid Values Text description defined by the institution.

Default Value None

Notes / Dependencies

• Applies to core environments supporting stop payment processing.
• Used in conjunction with 1030 – Stop Payment Fee Code
• Impacts:
  • Fee display and reporting
  • Transaction descriptions
  • Member-facing fee information