Elucidate how long does it take for a stop payment, Ask an Expert

Management Studies

Q. Will my bank be liable if a check on which I have ordered stop payment is presented at bank and cashed some few minutes after my instruction? Elucidate how long does it take for a stop payment instruction to become effective? Is it immediately after the customer gives the bank instructions to stop payment or after some hours?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9347882

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