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Stopping payment on a cheque or wrong amount is important for preventing fraud or rectifying the error. Whether the loss is due to theft of cheques or error, drafting a clear and concise letter to the bank to stop cheque payment is important. Explore the two formats of effective letter writing to safeguard one’s finances and ensure the transaction’s accuracy.
Table of Contents
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Sample 1: Write a Letter to Bank to Stop Payment of Cheque
| Bhatia Complex, Purania CrossingAliganj, Lucknow, Uttar Pradesh: 223432 Date: 1 April 2024 ToThe Manager, HSBC Bank, B-36, Express Trade Tower 2 Aliganj, Uttar Pradesh: 223432 Subject: To Stop Payment of Cheque Dear Sir/Ma´am, I am writing this letter to request that you stop payment on Cheque No. ****** drawn on my account no. xxxxxx for the amount of xxxxx. The cheque was issued to Mr. Rajesh Singh on March 29, 2024, with the wrong amount. I understand there may be a fee charged for this stop-payment request. Please let me know the amount, and I will make the payment promptly. Thank you for your assistance with this matter of urgency. Please confirm once the payment of the cheque has been processed. Sincerely, Parthiv Bhatt Account Number: ********* |
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Sample 2: Write a Letter to Bank to Stop Payment of Cheque
| Express Trade 2, Sector 104, Noida, Uttar Pradesh: 223430 Date: 23 March 2024 ToThe Manager, HDFC Bank, Sector 104, Noida, Uttar Pradesh – 223430 Subject: To stop payment due to loss of chequebook. Dear Sir/Ma´am, I, Shraddha Sharma, have been a valued customer of your esteemed bank for the past 2 years. I am writing to inform you that I have unfortunately misplaced my chequebook. Despite my best efforts to locate it, I have been unable to find it. However, there is a possibility that it may have been stolen. Therefore, I am requesting immediate action to stop payment on the chequebook with serial no. ******. I understand the seriousness of the matter and take full responsibility for the associated paperwork and further needed actions. Thank you for your prompt attention and action regarding this matter. I appreciate your cooperation and look forward to your confirmation on this matter. Thanking You, Yours Sincerely Shraddha Sharma |
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Write a Letter to Bank to Stop Payment of Cheque: Check Format
FAQ
Ans. One of the valid reasons for stopping payment on a cheque is if the cheque is lost, or stolen, or if there is a dispute over the payment amount or recipient.
Ans. To stop payment on a cheque, you need to inform your bank immediately. Provide the financial institution with the cheque number, date, amount, and the name of the payee. In the further step, the bank will then place a stop payment order.
Ans. To cancel a cheque manually, you can write VOID or CANCELLED in capital letters across the front of the cheque. This format will ensure that the cheque cannot be cashed or deposited.
Check out the other letter-writing topics:
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