Digital Tip: Stop Payment of Checks

Digital Banking Tip

Have you ever lost a check or book of checks? This can be very frightening because it opens the door to potential fraud. Fortunately, there’s a Stop Check feature in Elevations’ online banking that helps you take control over lost checks.

Stopping payment on a check is usually possible any time before the check has been cashed. Once the check has been cashed by the recipient, you won’t be able to make a stop payment with Elevations.

To use the Stop Check feature in Online Banking:

  1. Log into Elevations Online Banking.
  2. Click the “Product and Services” dropdown menu.
  3. Select the “Stop Payment” option.
  4. Choose the Suffix you want to stop payment from in the Account dropdown menu.
  5. Fill out the check number(s) and amount of the check(s).
  6. Click the “Submit” button.

StopPaymentofChecks

You may also want to inform the recipient of the check that you’ve put a stop on the payment and, if needed, consider an alternate form of payment.

Why use Online Banking to stop payment on a check versus going into a branch or calling our Contact Center? Not only is Online Banking available 24/7, it also saves you money. You’ll only be charged a $15 fee to stop a check in Online Banking versus a $31 fee for in-branch or over-the-phone requests.

If you have questions or need assistance using the Online Banking Stop Check feature, stop by a branch today or give us a call at 303-443-4672.

Author Mike Weger

With a background in education and design, Mike Weger brings information and inspiration to members on our blog by sharing tips that simplify the digital world of money management. Mike is part of the Elevations Credit Union training team.

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