H&R Block Inc. said HSBC Holdings plc will not provide funding for the tax preparer’s refund-anticipation loans, or RALs, after U.S. regulators ordered the lender to terminate the contract, Reuters reported. Instead, H&R Block will continue to offer its traditional refund-anticipation checks (RACs) that do not require any out-of-pocket spending by tax filers, the company said. In October, H&R Block filed a suit against HSBC USA, a unit of HSBC, alleging breach of contract and saying that the bank had failed to conduct preparatory actions that would have allowed it to offer RALs, which usually last seven to 14 days until taxpayers receive their refunds from the U.S. Internal Revenue Service.