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English to Polish translations [PRO] Bus/Financial - Finance (general) / banking
English term or phrase:flat hold
Float Holds - A restriction placed on a deposit account to prohibit withdrawal of funds that are in the process of being collected. The hold reduces the account's available balance for a specified number of days by the monetary amount of the hold (or by a specified percentage for accounts tied to float hold factors). Float refers to the number of days a cheque is considered to be in transit.