wishbear0604@sbcglobal.net
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Yes, a stop payment can be placed on a cashiers check. An official check is somewhat similar and the procedures at the financial institution that I work for are that the member has to wait at least 14 business days before placing the stop pmt on the check. This will allow enough delivery time. Then we ask that the company the check was made payable to give our member a letter acknowledging that a stop has been placed on the check and they are aware that a new check will be provided. This will protect both, the member and the company. If the company refuses to provide a letter then the funds will be deposited into your account and on hold for 90 days like another individual explained. This is to protect you for just in case that company does receive the check and cashes it. Go to your bank to verify all of their procedures. As for the fee, it does vary per financial institution. Like us, we charge $20.00 to stop personal checks but only $5.00 to stop an official check. |
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KC
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Hmmm. I don't think you can cancel it, but it should expire after 90 days or so. Always send cashiers checks via Registered Mail, or use UPS or FedEx. This way the letter can be tracked. |
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Richard E
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Any check may be canceled under certain circumstances.
You must ask your bank about this. It's up to them. |
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rjcordova
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thye will charge you a feew. and it will take some time but is possible to do it. they will go and check to see if it has been cashed or not. it may take up to 30 days. at least that is how long it took for my bank to do it. and it cost me about 25 dollars to do it. tehn the money to transfer it. |
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manoli7plus
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Yes the check can only be cancelled by the writer's bank, but the funds will not be available by the bank until reasonable time (depending upon the bank) has been given for the party to receive the check, cash it and back to the bank of origin.
iT Probably will take at least a month tilll that would be all complete. |
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rhsaunders
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Check with your bank. Only under the most extraordinary circumstances can such a check be cancelled. Your bank will be able to tell if the check has been cashed, and if so, by who. If it has not been cashed, they may be able to cancel it -- but don't bet on it. |
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danielglanz
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Sorry but no. It's like cash. That's why the receiver prefers it over a regular check. The only way to stop it from being cashed is to find it before someone else gets to it. Good luck. |
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EL Goose
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Yes it can but you must wait 90 days to see that the check was not cashed then the money will be put back into your savings account. My son washed a $1000 cashiers check that was his graduation gift and that was how long he had to wait. |
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Venus
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Talk to your bank, they should be able to cancel the cashier's check. They should have given you a customer copy that would have the ck# on it so they can stop payment the cashier's check. If not, they should have record of the cashier's check you purchased.
You can have the money wire transferred for a fee to the other person's bank. |
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AKT
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Yes you can, You have to visit your bank branch where this cheque was issued. The teller or officer in charge will first check in the system if the cheque has been cashed or still outstanding. If it is still outstanding he/she will ask you to fill up a Indemnity Bond with the bank (this is to indemnify the bank in case the cheque gets cashed at a later date after the cancellation has been issued) and after a day or so the bank will transfer the money in to your account and you can get a new cashier's cheque made or the bank can simply reissue a new cashier's cheque. Please be cautious that the bank can always debit your account if the lost cheque gets cashed at a later date (every bank has different time limits), please check with your bank branch. |
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robsthings
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I've been able to do it in the past but it cost 25.00 and that was more than the check so I just chalked it up to a loss, but they can tell if it has been cashed. |
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SexyStudMuffin
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Yes, you can. That is the whole purpose of a cashiers check.... it's safer than cash. Go to the bank with the receipt you got when you purchased the check and tell them to put a stop on the check.
I worked for Chase Bank.... I know :)
Depending on the bank you will be charged a fee. It is usually between $20-$35. |
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simpy
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you cant cancel it however most banks will put a stop payment on it for a fee |
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