Question:

What should happen if I have request to bank to stop payment of cheque which was I ssued to another party?

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What should happen if I have request to bank to stop payment of cheque which was I ssued to another party?

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  1. more charge will be taken if you stop it and less charge will taken by bank if payment insufficient


  2. Small charge from bank and a bounced cheque.

    Pls beware that this can lead to civil and criminal proceedings on bounced cheque.

  3. the bank will charge you a stop payment charge and stop the payent to the check in which you wrote

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