Stopping Payment on a Check Clause Samples
Stopping Payment on a Check. If you do not want us to pay a Check you have written, you must order us to stop payment. You cannot request a stop payment order if we have already certified, paid, or otherwise become responsible for the Check. For example, you cannot stop payment on a Check that we have already cashed because we became responsible for that transaction when we cashed the Check. You can submit a stop payment order by notifying us in person, by BMO ▇▇▇▇▇▇ Bank by Phone (▇-▇▇▇-▇▇▇-▇▇▇▇), or through BMO Digital Banking. You can also submit a stop payment order by mail at BMO ▇▇▇▇▇▇ Bank, Attn.: Support, P.O. Box 94033, Palatine, IL 60094-4033. If a stop payment order is submitted through a call or in person, we may require you to put your stop payment order in writing, which we must receive within fourteen (14) days after you submit your stop payment order. Your stop payment order will expire and no longer be effective if we do not receive written confirmation of the stop payment order within fourteen (14) days of our request for such confirmation.
Stopping Payment on a Check. If you do not want us to pay a check or draft you have written or authorized, you can order us to stop payment prior to the check being presented. A stop payment order (verbal or written) is valid for six months and may be renewed for another six months by informing us again. A confirmation of your stop payment order will be sent to your address on record. Unless contact is made either correcting or cancelling the stop payment, the stop payment is considered to be verified and in effect as per the information on the form. If you do not renew the stop payment order, the Bank will not
Stopping Payment on a Check. You may ask us to stop payment on a Check or cancel a stop payment request. Call us at ▇-▇▇▇-▇▇▇-▇▇▇▇ or write us at the address in Section 1(a). If you call, we may ask you to put your request in writing. You must tell us: (1) your Account number, (2) the date, number and amount of the Check and (3) the name of the payee. We need at least four hours advance notice to be able to stop payment. We will not owe anything to you or anyone else if we stop (or do not stop) a payment or cancel (or do not cancel) a stop payment request. We may charge a Stop Payment Fee, whether or not we actually stop payment.
Stopping Payment on a Check. If you do not want us to pay a Check you have written, you can order us to stop payment. However, you cannot stop payment if we have already certified, paid, or otherwise become responsible for the Check. For example, you cannot stop payment on a Check that we have already cashed because we became responsible for that transaction when we cashed the Check.