Being able to place a stop payment on a cashier's check depends on the bank. If the cashier's check has been lost or stolen the bank may place a stop payment on it.
cashiers or bank check!
if the check was made out to a company that is now being investigated, can it be stopped if it has not cleared the bank or if it has cleared the bank is there a 30,60 or 90 day rule?
No. A stop payment can be issued only before the check payment is made by the bank. If you try a stop payment after the bank has paid for the check, the bank wont accept it because the stop payment instruction is useless now and cannot be executed.
To stop payment on a check to a contractor, you can contact your bank and request a stop payment order. This will prevent the contractor from cashing the check. Be prepared to provide details about the check, such as the check number and amount, to the bank.
When you stop payment on a check, the bank is instructed not to honor the check if it is presented for payment. This can prevent the recipient from cashing the check and can protect you from unauthorized withdrawals from your account.
cashiers or bank check!
if the check was made out to a company that is now being investigated, can it be stopped if it has not cleared the bank or if it has cleared the bank is there a 30,60 or 90 day rule?
The bank cannot revoke its acceptance of an official check by stopping payment. Banks often pre-print a notice on the customer's copy of a cashiers check indicating it will not be replaced for 90 days if it is lost or stolen.
Go to a bank where you already have a banking relationship. Then ask the teller that you need to get a cashiers check issued. Normally a cashiers check will be preprinted with the 'Payable to' filled in, so you need to know who to make the check out to. They will deduct the amount from your bank account, so you need to have enough money in your account to cover it.
THis ain't no question.... why would you stop payment on a check anyway
No. A stop payment can be issued only before the check payment is made by the bank. If you try a stop payment after the bank has paid for the check, the bank wont accept it because the stop payment instruction is useless now and cannot be executed.
To stop payment on a check to a contractor, you can contact your bank and request a stop payment order. This will prevent the contractor from cashing the check. Be prepared to provide details about the check, such as the check number and amount, to the bank.
When you stop payment on a check, the bank is instructed not to honor the check if it is presented for payment. This can prevent the recipient from cashing the check and can protect you from unauthorized withdrawals from your account.
if you stop payment because the funds are not available then yes it is.
you can place a stop payment on a check right after you write the check if you want to pay the fee
The person who issued the cheque can issue the stop payment on the cheque. As long as the check isn't submitted for payment yet, you can issue the stop payment request. But, if the check is already paid the bank will not accept the stop payment. A point to note is that, the person to whom you gave the check can prosecute you legally for doing so because he wont get paid for the check
As long as the check isn't submitted for payment yet, you can issue the stop payment request. But, if the check is already paid the bank will not accept the stop payment. A point to note is that, the person to whom you gave the check can prosecute you legally for doing so because he wont get paid for the check.