Quote:
Originally Posted by Jel
Yeah I thought that might be the case actually after I posted
It's pretty unfathomable for us in the UK anyway at least, for a check that when presented at the bank which cannot be cashed, there'd be any kind of fee to 'stop' that uncashable check.
While we're on the subject though, what is the absolute need to 'stop' the check? As in, I've been turned down before now to write VOID in big red letters all over the front, rip it in half, and scan it, so there's zero way for it to actually be presented at a bank, but this wasn't proof enough that I wasn't going to attempt fraud, and the issuer still needed to put a stop on the check. I mean, how the fuck does the bank know what is owed and what is not - surely you'd write another check and simply not inform the bank?
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The check could still be copied or counterfeited in some way, shape, or form. I personally would never reissue a check without canceling it. There are too many potential risks over what amounts to $20-25 in cancellation fees. Some companies will let you return a check and then not officially "cancel" the check, but that can often cause paperwork issues and "policy" issues.
If you run a company of any size, you try to streamline your business as much as possible to keep expenses down and revenue up for everyone. This streamlining means the dreaded implementation of "policies." Typically policies work for the betterment of everyone, but occasionally someone may lose.
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