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How do you write a stop payment letter?

Dear Mr. Doe: This letter serves as notice that your check NUMBER PRINTED ON CHECK, dated DATE OF CHECK, in the amount of DOLLAR AMOUNT OF CHECK, made payable to NAME ON THE CHECK, has been refused payment by the drawee bank, NAME OF THE BANK PRINTED ON THE CHECK, CITY, STATE OF BANK, for the reason of Stop Payment.

What means stop payment?

Stop payment is an order issued to a bank by an account owner not to pay a check written on their account. Stop payment orders are primarily governed by state laws and bank regulations, which vary by state and bank. Banks typically charge a fee to stop payment on a check already issued to a payee.

How can I write a letter to bank manager for canceling Cheque book?

I sincerely request you to cancel the cheque (Cheque No 875329) mentioned in the second paragraph and please stop the payment, if and when it is presented to your bank. Please confirm me that you have taken necessary action in this regard, Please acknowledge the receipt of this letter and treat it as immediate.

How do you write a stop payment letter?

Dear Mr. Doe: This letter serves as notice that your check NUMBER PRINTED ON CHECK, dated DATE OF CHECK, in the amount of DOLLAR AMOUNT OF CHECK, made payable to NAME ON THE CHECK, has been refused payment by the drawee bank, NAME OF THE BANK PRINTED ON THE CHECK, CITY, STATE OF BANK, for the reason of Stop Payment.

How much is a stop payment?

The cost for placing a stop payment on a check is up to $35 and it'll remain in effect for 24 months. If you need to renew the stop payment after 24 months, an additional stop payment fee will be charged.

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