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If you place a hold on a check can it be cashed after 15 days in the US?
It is always best to put a stop payment on a check if you do not want the check to be cashed. All banks can put a stop payment on a check easily for a fee.
Can a person stop payment on a check because it was not cashed within a certain time frame - like 2-3 weeks?
you can put a stop payment on any check for any reason. Go to your bank and ask them- tell them you think it's lost. Most banks charge $25 for a stop payement fee. Some you can do online.
I cashed a check from a insurance company at a check cashing store and they notified me 4 days later that a stop payment had been put on it and now i am being told i am liable for the money?
Yes, you do owe the money to the check cashing store, including any fees that they had to pay for the bad check. It is your responsibility to resolve the problem with the insurance company that issued the check.
Can a stop payment be put on a check after it has been run through a bank account with insufficient funds?
No. A Stop Payment can be issued on a check only before it is being submitted for clearance. If the person to whom you have issued the check has not yet deposited it into his account or if you have lost the check itself, you can issue a stop payment on it. But, if the check has already been deposited and returned by the bank because of lack of funds, you cannot issue stop payment.
Is it legal to put stop payment o a check?
Yes. It is perfectly legal for the person who issued the check to put a stop payment on it. However, if the check was issued to pay for some goods or services offered by someone or for a loan, the receiving entity also has a legal claim and hence can file a police complaint against you for not making the payment. So, you need to talk to the person to whom you gave the check to settle the amount amicably before you issue the stop payment.
If you place a hold on a check can it be cashed after 15 days in the US?
It is always best to put a stop payment on a check if you do not want the check to be cashed. All banks can put a stop payment on a check easily for a fee.
Can you put a stop payment on a certified check?
No, one cannot put a stop payment on a certified check. The point of issuing a certified check is to guarantee that the check can be cashed immediately - like cash.
Will banks cash a stale dated check?
Yes, they will.Our company stopped payment on a check back in 2006. The personreceiving the check said it was lost.The check was cashed one year later. The bank said the stop payment was only good for 6 months. If you put a stop on a check, eitherstop payment every six months or change your account.The check was a small dollar amount.What we learned - we have to go back and stop payment every 6 months.
Why do tellers put your info on the back of checks to be cashed?
In the event that there is some problem with the check, such as insufficient funds, stop payment, etc., it will then be easier for the bank to debit your account if they have recorded your account number on the back of the check.
What are the time limits on a cancelled check?
if you have put a stop payment on a cheque, the bank will put it on for a year, if you have written a cheque and the person has not yet cashed it, the limit is 6 months befor e it becomes stale dated.
Can a person stop payment on a check because it was not cashed within a certain time frame - like 2-3 weeks?
you can put a stop payment on any check for any reason. Go to your bank and ask them- tell them you think it's lost. Most banks charge $25 for a stop payement fee. Some you can do online.
I cashed a check from a insurance company at a check cashing store and they notified me 4 days later that a stop payment had been put on it and now i am being told i am liable for the money?
Yes, you do owe the money to the check cashing store, including any fees that they had to pay for the bad check. It is your responsibility to resolve the problem with the insurance company that issued the check.
Can a stop payment be put on a check after it has been run through a bank account with insufficient funds?
No. A Stop Payment can be issued on a check only before it is being submitted for clearance. If the person to whom you have issued the check has not yet deposited it into his account or if you have lost the check itself, you can issue a stop payment on it. But, if the check has already been deposited and returned by the bank because of lack of funds, you cannot issue stop payment.
Who is responsible for a check after a stop payment is put on it?
The person who placed the stop payment on the check is responsible for any fees associated with stopping the payment. The check recipient might also have to pay fees if they try to cash or deposit the stopped check. Ultimately, the responsibility for resolving any issues related to the stopped check lies with the account holder who placed the stop payment.
Is it legal to put stop payment o a check?
Yes. It is perfectly legal for the person who issued the check to put a stop payment on it. However, if the check was issued to pay for some goods or services offered by someone or for a loan, the receiving entity also has a legal claim and hence can file a police complaint against you for not making the payment. So, you need to talk to the person to whom you gave the check to settle the amount amicably before you issue the stop payment.
Can a cashiers check have a stop payment put on it by telephone?
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?
Checking account check missing?
You may want to put a stop payment on the check depending on its amount. There is usually a fee to place a stop payment on an acct. Some banks fees are $40 to $50. If the check is for $10 then it would make no sense to place a $50 stop payment because you would not get the $50 back. Im not sure about you but i would rather somebody cash a $10 check rather than losing $50 on a stop payment. If the check was for a substantial amount lets say $500 then it would behove you to place a stop payment. If the stop payment was $50 then it would save you $450 if someone where to try and cash the check.
