Posted: 12/14/2015 3:31:00 PM EDT
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Yes, we still have to mail checks to certain places here in rural PA.
After two weeks of waiting for a regular monthly check to clear I called the recipient to find out they never got it. I tell my wife to re-write it and run it down. Her flinch reaction "OMG call the bank and have them stop payment". Today, is there any point to a stop payment for a lost/stolen check? If the check is "cancelled" all the information someone needs to drain an account is right on the check. I don't care if the intended recipient cashes it, I'll just get a credit for next month. |