Quote:
Originally Posted by retiredguy123
My bank has no 90 day rule. If he deposited the money into his account, he had to endorse it, so the funds could be transferred from your account into his account. This is the same as cashing the check.
"When Can You Stop Payment On A Check?
Generally speaking, stopping payment on a check is possible at any time prior to the check being cashed. Once the check has been cashed by its recipient, the person who wrote or authorized the check will not be able to make a stop payment with their bank."
I was just clarifying the rules for stopping payment on a check, made by another poster.
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still wrong..... don't even try to explain it again - I have a banking background. - systems.
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