(mainly US, commerce) a document, usually negotiable, containing a signed promise to pay a stated sum of money to a specified person at a designated date or on demand Also called note, note of hand.
Before the amendment, retailers paid an average of 44 cents for a typical debit card transaction, then valued at roughly $38. The Durbin rules meant that for that typical $38 purchase, the maximum fee would be about 24 cents, 45% less than the average cost before the law took effect.
According to a July banking analysis by MyBankTracker.com, the average cost of a stop payment fee at the 10 biggest banks in America is $32.40. It will cost you anywhere between a high of $36 at SunTrust Bank to a low of $25 at Chase Bank â when the request is made over the phone or online.ccording to a July banking analysis by MyBankTracker.com, the average cost of a stop payment fee at the 10 biggest banks in America is $32.40. It will cost you anywhere between a high of $36 at SunTrust Bank to a low of $25 at Chase Bank â when the request is made over the phone or online.