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REPLACE Independent School District 319 West Fourth Street / P.O. Box 266, Wesley, Texas 785990266(956) 9696500RFP# 230806Specific and Aggregate Stop Loss Insurance for Refunded Medical/Rx Employee
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Specific stop refers to blocking only a specific person or entity from making a transaction, while aggregate stop refers to blocking all transactions that exceed a certain threshold.
Financial institutions and entities subject to financial regulations are required to file specific and aggregate stop.
Specific and aggregate stop forms can be filled out online or submitted in person at the designated regulatory agency.
The purpose of specific and aggregate stop is to prevent fraudulent or suspicious transactions and ensure compliance with financial regulations.
Information such as the transaction amount, parties involved, nature of the transaction, and any suspicious activity must be reported on specific and aggregate stop.
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