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Stop Payments on Checks

Description

Event Details*
Wednesday, July 23, 2025
2:00 - 3:00 pm ET
Webinar; 1.2 NCP CEU Eligible
Level: Beginner

Event Registration**
Member Price: $200
Non-Member Price: $350
**With the $200 registration, members can register an unlimited number of participants from their organization. All participants must be registered simultaneously. To access this pricing, log in as a member and choose ‘Manage Group Registration for Company.’


While financial institutions would prefer to stay out of transactional disputes between the maker and payee of a check, Article 4 of the Uniform Commercial Code outlines a customer’s right to stop payment. There are several scenarios that might drive the maker of a check to request a stop payment, including a lost or stolen check, disputed transactions with vendors, payment disputes and cancelled services, or fraudulent activity prevention. Under conditions outlined in UCC 4, a financial institution must honor such a request. In this session we’ll examine legal requirements and timeframes, the stop payment process, special circumstances (such as cashier’s checks and official checks), and risk management.


At the end of this session, learners will be able to:
• Identify the regulatory requirements of check stop payments, including timeframes
• Describe the risks associated with the improper handling of stop payments
• Apply their newfound knowledge to existing processes and procedures


Speaker:
• Mary Mumper-Morrison, AAP, APRP, CAMS, Director, Education, NEACH


Audience:
• Anyone involved in check processing/RDC
• Financial Institutions
• NCPs
• Operations
• Payments Rules and Regulations


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• Let's Talk About All Things Check



*Please note that the access information will be sent to you in a separate email upon receipt of payment. Access information and support are only provided during normal business hours.

**With the $200 registration, members can register an unlimited number of participants from their organization. All participants must be registered simultaneously. To access this pricing, log in as a member and choose ‘Manage Group Registration for Company.’


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