An oral stop payment order is binding on the payor bank for 14 calendar days.

Name: An oral stop payment order is binding on the payor bank for 14 calendar days.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

According to the Uniform Commercial Code (UCC) section 4-403, an oral stop payment order is binding on the payor bank for 14 calendar days. After that time, the bank may require written confirmation to continue the stop payment order.

An Oral Stop Payment Order Is Binding on the Payor