stop payment

A Stop Payment On A Check Only Lasts About Six Months

A Stop Payment On A Check Only Lasts About Six Months

When you write a check and it’s lost, stolen, or you have some other reason to do so, you call your bank and ask for a “stop payment” on it, usually incurring some kind of fee. Stopping the payment means that no one can ever deposit or cash that check, though, right? No: generally, the order lasts about six months. [More]

Chase Puts Stop-Payment On Its Own Check, Tells Customer To Suck Up The Fee

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]