What is a dishonored payment penalty?
Excuse me, could you please clarify what a dishonored payment penalty entails? I'm trying to understand the specifics of this term in relation to financial transactions, especially within the realm of cryptocurrency and finance. How does it typically manifest, and what are the consequences for individuals or entities that find themselves subject to such a penalty? I'm eager to gain a comprehensive understanding of this concept and its implications.
What is a PMT dishonored fee?
Excuse me, could you kindly explain to me what a PMT dishonored fee is? I've come across this term in my recent financial transactions and it seems to be related to payments or transfers. I'm curious to know if this fee is imposed by the bank or a third-party service provider, and what specific circumstances would trigger such a fee. Is it something that can be avoided or is it a standard charge for certain types of transactions? Your clarification would be greatly appreciated.