Skip to content

Business Checking-2 Signatures for Stop Payment?

Answered by: 

If a customer has a business checking account in which they require two signatures on checks, are we required to get two signatures on stop payments or will one suffice?

That would totally depend on the authority granted to individuals by the company, such as by corporate resolution and your depositor's agreement.

First published on 08/25/2019

Filed under: 
Filed under compliance as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics