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Can A Stop Pay be Placed on A Cashier's Check?

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Question: 
Can a stop pay be placed on a cashiers check?
Answer: 

No. Your bank "accepted" the check when your employee signed it. Stopping payment invites a law suit from the payee that your bank is unlikely to win.

Not the question you asked, but the modern version of the UCC spells out a process where your bank can replace an official check that has been lost or stolen after a waiting period of 90 days. Even then, the "payment stopped" label does not apply to the original item.

First published on 01/21/2018

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