Stop payments

if the payer has passed a check that the payer {{fi}} has not yet processed, they can put a stop payment on the check once a check has been processed by the payer fi, a stop payment cannot be made instead, a dispute must be filed by the payer if the payee deposits the check after the check has had a stop payment put on it, the payee fi generally charges the payee a penalty fee the payer bank will likely also charge for the stop payment service usually the check amount, check number and account number is included the stop payment instructions in addition, whether deposited or used as a payment, a check might be returned for a number of reasons a returned check presented to cross river by the federal reserve is considered an inbound return a check returned by cross river is considered an outbound return for further guidance, please refer to reg e 1005 10 preauthorized transfer (c) customer's right to stop payment section in the following link https //www consumerfinance gov/rules policy/regulations/1005/10/#a 1