What does a stop payment on a check mean?
What does a stop payment on a check mean? What Is a Stop Payment Order? A stop payment order is a request to cancel a payment before it's been processed. Payments include personal checks and ACH payments, like recurring monthly bill payments. A lost or stolen check. Insufficient funds in a bank account. Is it legal to put a stop payment on a check? A: Under the law, you may be charged with issuance of a bad check only if you give the check knowing that you do not have sufficient funds in the bank to cover the payment of...