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What are the rules for stopping payment on checks?

Answer: According to the Uniform Commercial Code Section 4-403(a), an oral stop payment order is binding on the bank for 14 calendar days. Section 4-403(b) says that if you confirm the stop payment order in writing within the fourteen days, the order is binding for 6 months and may be renewed in writing for another 6 months.

Pre-authorized transfers: Up to 3 business days before the transfer is scheduled to occur, the consumer can stop payment by notifying the bank orally or in writing.

confidential informationThere may be instances where discussing your situation over a public forum could potentially compromise your interests. On these occasions we will contact you directly via email in order to answer your inquiry in a confidential manner.

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