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#676996 - 01/31/07 09:14 PM Stop Payments
KittyKat Offline
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Joined: Jan 2007
Posts: 3
When a customer is requesting a stop payment do we need to give them a copy of the signed form? Also if they request the stop pay over the phone how long do they have to come into the bank to sign the paper?

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Deposits and Payments
#677089 - 01/31/07 09:56 PM Re: Stop Payments KittyKat
hhughes Offline
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Joined: Jan 2007
Posts: 20
Under the UCC I believe it is 14 days for a verbal and when followed up by a written statement it is extended 6 mos. I am not sure concerning the signed statement. But probably not required but a good idea to do.

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