You cannot stop payment on cashier's checks and money orders, which work differently from personal checks. Can You Stop Payment on Cashier's Checks and Money Orders? If you stop payment on a bill payment without contacting a service provider, the company can respond by cutting off your access to its services. Whether it’s your electric bill, your mortgage, or a digital subscription-such as Netflix-companies should be able to stop or delay billing on request. However, it’s usually better to contact the source of the bill first. If you’re expecting an automatic debit payment to hit your checking account, you can request a stop payment. Some banks allow customers to extend stop payment requests, although that process can involve extra fees. If the check isn't located by the end of that period, it can still be cashed in. At most banks, stop payment orders last for six months from the date of your original request. But unlike bounced checks, stop payment orders aren't permanent. If your request involves a check, your bank can prevent the check from clearing when the recipient attempts to cash it-just as it would with a bounced check. These details can include the date, check number, amount, and the recipient. You'll also be expected to provide specific details to your bank or financial institution. You can usually initiate a stop payment order by calling your bank, but some institutions may require you to follow up a verbal request with written confirmation or an application form. Most banks charge account holders a fee of $15 to $35 for each stop payment order. Stop payments ensure that you aren't charged for a purchase that you cancel after sending out the check. Stop payments are used if you write in the wrong amount or the wrong recipient for a personal check, among other things. Can You Stop Payment On Cashier's Checks and Money Orders?Ī stop payment order allows you to prevent payment on a check or recurring debit transaction that hasn't been processed yet.
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