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Kareem Lewis
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Kareem Lewis   My Press Releases

When Banks Put A Stop Payment On A Check

Published on 1/3/2019
For additional information  Click Here

Have you ever had this issue: You mail out a check to a business that is in a city or town that is near you, and you know that they should receive that check within at least three days. Then, three to four weeks go by, you check your bank account to see if that check cleared, but it never did. This can be a couple of things, such as:

1) The place of business did not cash the check yet


2) The check got lost in the mail, so it did not get there


After this, you think to yourself this: "It has been three to four weeks and my check has not been cashed yet. What is up with this?" A good thing to do would be to call the place of business and see if they received your check. If they did not, and that check is for a major bill (maybe rent), you could write the business another check so you will not have any problems. But when you do this, the best thing to do is to contact your bank or financial institution to request a STOP PAYMENT (a fee will take place), so if by chance that the check gets to the place of business, and they try to cash it, you won't get charged for that check amount. 


Furthermore, there are a couple of options for you if the business does get your check (if you wrote a newer check) late in the mail. They are:


1) The business can call you to see if you want the check mailed back to you


2) The business can shred the check if you decide to do so


3) The business can hold on to the check to be cashed at a later date.


Lastly, if the business did get your check in the mail late, they can ask you if you want them to keep the check to cash later, or shred it. This will work out if your bank will do a reverse on the stop payment to your bank account.



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