Can I Reverse Stop Payment on Check?

Reversing a stop payment can be easy, but costly.

Stopping payment on a check can be done by visiting the branch of your financial institution or by calling them. According to MSN Money, fees to stop payments vary from $18 to $32 (as of January 2011). The stop payment request is valid from six months of the date of the request.

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The bank has to have sufficient time for the stop payment order to take effect. You must provide the check number, to whom the check was written and the amount; otherwise, the bank is not responsible. If the order is not received in time and the check is cashed, the customer is responsible for collecting the money from the payee.

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Reversing Stop Payment

If you have changed your mind on a stop payment request, it is possible to cancel. Visit your local branch to fill out a cancel stop payment request. Most institutions require notification in writing to issue the cancel request.

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Stop Payment Cancel Fees

Some banks not only charge a stop payment fee, but also a fee to cancel the stop payment request. This depend on the state in which you live and the bank.

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