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Şervan Kurdî
effecting payments Applicants occasionally apply for court injunctions to prohibit the issuing bank from effecting payments based on unsubstantiated allegations of fraud. This usually happens when the applicant knows that the discrepancies identified by the issuing bank are unjustified, but would like to delay payment in order to negotiate a substantial price reduction. What does effecting payments mean here? Thanks a lot in advance
Aug 18, 2019 9:31 AM
Answers · 2
In this case effecting would mean “carrying out“ or “going forth with“.
August 18, 2019
Şervan Kurdî
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