Can you put a stop payment on a cashier's check?

Alexander Wright | 2023-06-01 12:12:29 | page views:1844
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Benjamin Wright

Works at the World Health Organization, Lives in Geneva, Switzerland.
The simple answer is that a stop payment is NOT permitted on a cashier's check, teller's check, or certified check regardless of the reasoning behind it! Section 3.411 of the UCC imposes damages against a bank that wrongfully refuses to honor a cashier's, teller's or certified check or stops pay on one of those.
2023-06-04 12:12:29

Charlotte Bailey

QuesHub.com delivers expert answers and knowledge to you.
The simple answer is that a stop payment is NOT permitted on a cashier's check, teller's check, or certified check regardless of the reasoning behind it! Section 3.411 of the UCC imposes damages against a bank that wrongfully refuses to honor a cashier's, teller's or certified check or stops pay on one of those.
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