Stopping payment on a check
A) is possible after the check clears in cases of disputes.
B) can only be used if the check has not cleared.
C) is costly if your checkbook is lost or stolen.
D) is encouraged by most banks as a customer service.

Question

Quizplus · Accepted Answer

Stopping payment on a check is only possible before the check has cleared. Once a check has been processed and cleared by the bank, the transaction is considered complete, and stopping payment is not an option.

Stopping Payment on a Check