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Cheque Stop Payment Letter Format For Bank

Cheque Stop Payment Letter Format  For Bank
Cheque Stop Payment Letter Format For Bank

A Cheque Stop Payment Letter is a formal request to a bank to cancel and prevent payment on a specific cheque. The letter typically includes the account holder’s name and account number, the cheque number, the date of the cheque, and the name of the payee.

The letter also includes a request for confirmation of the stop payment order, and instructions on what to do if the Cheque has already been cashed. This letter is usually used when a Cheque has been lost, stolen, or if the payee is incorrect. It’s important to note that a stop payment order may not always guarantee that the Cheque will not be paid, and fees may apply for this service.

Please complete the required information in the following letter format and submit it at the bank’s branch location.

TEMPLATE #1

Date: ________

To,
The Branch Manager

(Name of the Bank)
(Name of the Branch) (Address)

Sub.: Request for Cancellation of Cheque(s)

Dear Sir/Madam,

I am writing to request the cancellation of the cheque bearing number ________, dated ________, issued in favor of (Name of the Party) for the sum of (Amount). The cheque was issued under my savings account number ____________ maintained at your branch.

I would greatly appreciate it if you could please cancel the cheque immediately upon receipt of this letter and provide confirmation of the cancellation as soon as possible.

Thank you for your assistance.

Sincerely,

(Signature)
(Name of the Account-holder)

TEMPLATE #2

Ref: ________
Date: ________

To,
The Branch Manager
(Name of the Bank)
(Name of the Branch)
(Address)

Sub.: Request for Cancellation of Cheque(s)

Dear Sir/Madam,

We are writing to request the cancellation of the cheque bearing number ________, dated ________, issued in favor of (Name of the Person/Organization) for the sum of (Amount). The cheque was issued under our company’s current account number ____________ maintained at your branch.

We would greatly appreciate it if you could please cancel the cheque immediately upon receipt of this letter and provide us with confirmation of the cancellation as soon as possible.

Thank you for your assistance.

Sincerely, For (Name of the Organisation),

(Signature)
Authorized Signatory

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