When there’s some miscommunication between your bank and your credit card company, you would hope that the two parties could act like professionals and sort it out — especially if they’re both part of the same financial institution. But that’s apparently not the case with Chase. [More]
Chase Puts Stop-Payment On Its Own Check, Tells Customer To Suck Up The Fee
By February 23, 2012
Bank Of America: A Stop-Payment Isn't A Guarantee We Won't Process The Check Anyway
By December 6, 2011
There’s a funny little thing about putting a “stop payment” order on a check that most banks don’t tell you about until it’s too late: They often only last six months and the only way to guarantee that check never gets deposited is to close the associated checking account. This is a lesson being learned the hard way by a Bank of America customer who saw her account drained of its last few dollars after an old landlord cashed a 16-month-old check. [More]

