Depending on the type of payment and the method issued, it can take up to 15 business days to stop a payment released by cheque, and send the proceeds by electronic transfer.
Payments cannot be made until confirmation is received that the cheque has been stopped with the issuing bank. Re-issues are sent via CHAPS.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article