With online bill pay and electronic payment options offered by banks and other institutions, it’s easier than ever to pay your bills on time. Still easier is the ACH debit. You can provide companies, such as your automobile or health insurance company with your bank account number and routing number and allow them to debit your monthly payment from your checking account on the due date each month. If you need to stop an ACH payment, you need to contact your bank.
Obtain an ACH Debit Stop-Payment Request Form from your bank; some banks provide the form online while others require you obtain the request form in person.
Provide the name of the payee – the person or company to whom the ACH debit is being withdrawn by, the date the payment is being debited from your account, the amount of the debit and the checking account number of the debit.
Sign and date the request form and give it to a bank teller or other employee. You must provide the bank with sufficient notice to stop payment – ACH debits are initiated prior to the date the funds are removed from your account.