Webinar: Stop Payments 2023 | Utah Credit Union Association | 15 October 2023 | Online

An accountholder wants to place a stop payment on a check written by the joint owner on the account. Can you let them do that? What about stopping payment on a cashier’s check they purchased yesterday? Or stopping payment on a recurring ACH debit? Even if you already know the answers to these questions, there are many more aspects of stop payments that will be covered in this webinar. There are specific disclosure requirements regarding stop payments, time periods applicable to oral and written stop payment orders, return reasons used for teller and cashier’s checks that are lost or stolen. Learn what the liability is if the credit union pays an item subject to a valid stop payment order, and what rights the credit union has if a loan check is returned due to a stop payment order.
This webinar is intended for anyone who deals with stop payment requests : tellers, member serve representatives, branch managers; call center representatives, back office employees, audit and compliance.