How to Stop Payment of Cheque? |
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Stop Payment of Cheque by Visiting the Bank (Offline Process):The account holder can visit his/her bank branch office. After submitting a written request to the related person assigned for, the payment is stopped for the particular cheque/cheques. The request from the account holder should mention the following details of the cheque to:
Once the bank receives a stop payment request, it ceases to have authority to honour the particular cheque. The process involves some charges on the account holder as well. Every bank has its own set of charges’ slab for stop payment of cheque depending upon the amount that the cheque bears
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