Stop Payment on Check?

1 Answer

Answer :

Get StartedIn the Stop Payment on Check letter, the "drawer" is the person who writes the check (or share draft, etc.). In nearly all states, a drawer may, by order to his or her bank, stop payment of any item payable on his or her account, but the order must be received at such time and in such manner as to "afford the bank a reasonable opportunity to act on it." This means that the stop payment order must both: (a) identify the check with reasonable accuracy, and (b) be received "in time."

Related questions

Description : Suppose I borrow money from X and I authorize my bank to make monthly payments directly from my checking account. Now, I want more flexibility by paying either online or by check. X refuses to let me do ... tranfers even though its my money and it has no obligation to X. What's the law on this?

Last Answer : answer:Hmm, I suppose you're from USA. Don't know the laws there, but here in Slovenia, we handle things like this by calling and yelling at the lady on the other side and things get fixed eventually. But ... what you can't do with you money. I'd threaten them I'm gonna change the bank or smthng.

Description : Is there any method other than check payment to pay off my credit card bills?

Last Answer : Yes, most credit cards allow you to link a checking or savings account of your choice. Then you simply transfer the amount you’d like between the two.

Description : If medicaid denies my mother coverage, will any nursing homes accept her social security check and pensions as payment only for long term care in nyc?

Last Answer : There are no nursing homes that will accept social security checks without medicaid coverage in the New York area.

Description : Which of the following permits the transmission of a bill, along with payment of that bill, to be conducted over the Internet? a. financial cybermediary b. electronic check c. electronic bill presentment and payment d. all of the above

Last Answer : c. electronic bill presentment and payment

Description : If you need to transfer money to another person via the internet, which of the following methods could you use? a. financial cybermediary b. electronic check c. electronic bill presentment and payment d. all of the above

Last Answer : Answer: D

Description : Which of the following is an Internet‐based company that makes it easy for one person to pay another over the Internet? a. electronic check b. electronic bill presentment and payment c. conversion rates d. financial cybermediary

Last Answer : d. financial cybermediary

Description : Write a letter to the bank to stop the payment of the cheque.

Last Answer : Write a letter to the bank to stop the payment of the cheque.

Description : What do you mean by stop payment of cheque?

Last Answer : What do you mean by stop payment of cheque?

Description : What is the homophone for To bring to stop and payment of money?

Last Answer : check, cheque

Description : If a remitter of money order wants to stop its payment to the payee a) Value of MO and commission paid will be refunded to him b) Value of Mo will be refunded c) No refund d) None of these

Last Answer : b) Value of Mo will be refunded