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Get the free Cheque Stop Payment Letter Format for Bank Sample

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APPLICATION FOR STOP PAYMENT Date:. Branch Manager The City Bank Limited Branch Dear Sir/ Madam I/we request you to STOP payment of the Check(s)/ Pay Order/ Demand Draft as detailed bellow. In consideration
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How to fill out cheque stop payment letter

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How to fill out cheque stop payment letter

01
Start the letter by including your full name, address, and contact information at the top.
02
Address the letter to the appropriate bank or financial institution.
03
State the purpose of the letter and mention that you are requesting a stop payment on a particular cheque.
04
Provide details about the cheque, such as the cheque number, date, and the amount.
05
Explain the reason for the stop payment request, such as loss of the cheque or unauthorized use.
06
Include any relevant supporting documents, if necessary.
07
End the letter by requesting confirmation of the stop payment and expressing gratitude for the bank's assistance.
08
Sign the letter and include your printed name below the signature.

Who needs cheque stop payment letter?

01
Anyone who has lost a cheque, had a cheque stolen, or suspects unauthorized use of a cheque may need a cheque stop payment letter.
02
Businesses or individuals who want to prevent a specific cheque from being cashed can also use a cheque stop payment letter.
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Cheque stop payment letter is a written request to a bank to stop a previously issued cheque from being paid.
Anyone who has issued a cheque and needs to stop the payment for any reason is required to file a cheque stop payment letter.
To fill out a cheque stop payment letter, you need to include your account information, the cheque number, date, amount, and the reason for stopping the payment.
The purpose of a cheque stop payment letter is to prevent a previously issued cheque from being paid by the bank.
The cheque number, date, amount, account information, and the reason for stopping the payment must be reported on a cheque stop payment letter.
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