CHECK STOP PAYMENTS definition
CHECK STOP PAYMENTS. Stop payments can be placed on checks, including Bill Pay checks, that have not yet been presented for payment, using the Service. For assistance with electronic Bill Payments, internal or external transfers, ACH payments or Debit Card transactions, please reach out as shown in HOW TO CONTACT US, at the beginning of the Agreement. Only stop payments on single checks can be placed through the Service. Stop payment requests must contain accurate information including the Banner Bank account number, check number, payee name, and amount. Stop payments placed using the Service will be subject to applicable fees as outlined in the Schedule of Fees disclosure. Stop payments cannot be revoked using the Service. To revoke a stop payment, you will need to notify us as described above.
Examples of CHECK STOP PAYMENTS in a sentence
Bank shall have no responsibility for losses resulting from any delay in Bank’s receipt of stop payment orders transmitted by means of the Bank Internet System or for Customer not taking additional actions when a response message from the Bank Internet System indicates a response other than “Success, No Warnings.” Customer must provide Bank with the (i) ACCOUNT NUMBER, (ii) EXACT CHECK NUMBER OR RANGE OF CHECK NUMBER(S), and (iii) EXACT AMOUNT OF THE CHECK (FOR INDIVIDUAL CHECK STOP PAYMENTS ONLY).