Subject: Mississippi Sample Letter concerning Stop Payment Notice — Important Legal Document [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Designation] [Bank/Financial Institution's Name] [Bank's Address] [City, State, ZIP Code] Subject: Stop Payment Notice — Account Number: [Account Number] Dear [Recipient's Name], I am writing this letter to bring your immediate attention to the matter of a stop payment request regarding a specific transaction made from my account held with your esteemed institution. This stop payment request is being initiated in compliance with the laws and regulations governing banking transactions in the state of Mississippi. I regret to inform you that a payment, bearing transaction number [Transaction Number], was initiated on [Transaction Date]. However, circumstances have since changed, and I must respectfully request the cancellation of this payment. I would like to provide the following relevant information for your reference: 1. Account Information: — Account Holder's Name: [Your Full Name] — Account Number: [Account Number— - Type of Account: [Savings/Checking/Other] — Branch Code: [Branch Code] 2. Transaction Details: — Transaction Date: [Transaction Date— - Transaction Amount: [Transaction Amount] — Payee Name: [Payee's Full Name— - Payee Account Number: [Payee's Account Number] — Reason for Stop Payment: [Briefly explain the reason behind your request] In accordance with the Mississippi law, specifically Mississippi Code Annotated Section [enter relevant code], you are hereby legally obliged to honor this stop payment request and prevent the specific transaction mentioned above from being completed. I kindly request that you take immediate action to halt or cancel any further processing of the payment involved. Furthermore, I understand that your institution may have a specific procedure for initiating a stop payment notice. I am enclosing a properly completed and signed Stop Payment Request form, created as per your bank's requirements. I kindly request you to process this request expeditiously, ensuring that it receives the necessary attention and is promptly acted upon. Please note that I am aware that some banks may charge a nominal fee for processing a stop payment request. I agree to bear any costs associated with this request, and I request you to deduct this fee from my account accordingly. I trust in your professionalism and adherence to the legal obligations and ethics governing the banking industry. Furthermore, I expect prompt action and confirmation of this stop payment request within [Specify Duration — typically 24-48 hours] of receiving this letter. In the event of any clarification or further documentation required, please do not hesitate to contact me at the provided contact details. Thank you for your immediate attention to this matter. I eagerly await your response and swift resolution. Sincerely, [Your Full Name] [Your Signature] Enclosure: Stop Payment Request Form
Mississippi Sample Letter concerning Stop Payment Notice
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How to fill out Mississippi Sample Letter Concerning Stop Payment Notice?
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Dear: I am writing to notify you of a change in my preferred billing method. My payments for my account # are currently automatically withdrawn from my account # at on the of the month. I would like to cancel these automatic transactions and submit this letter as written notification of that intention.
To Whom It May Concern: I am sending this stop payment order to instruct you to stop making payments from my bank account [x-x] to [Company name]. My account number with the company is [x-x].
To stop the next scheduled payment, give your bank the stop payment order at least three business days before the payment is scheduled. You can give the order in person, over the phone or in writing. To stop all future payments, you might have to send your bank the stop payment order in writing.
Generally, stop payments are used in cases when the account holder does not want the check to be paid for various reasons. Some of the reasons include stolen or lost checks, forged checks, insufficient funds to cover the check amount, or a dispute between the depositor and the party that was given the check.
Dear Sir/Ma'am, This letter is to request you to stop the payment of the Cheque bearing no:____, dated:________. It's issued in favour of *cheque holder's name*, for the sum of *amount* As the Cheque is *mention the reason to stop the cheque payment*, I request you to stop the payment with immediate effect.
Your dated stop payment letter should include details like: the name and address of the account owner, the bank or credit union's address, the account number, check number, date, amount, the signer, and the payee; an explanation for the stop payment order (e.g., the check is presumed lost, it's not authorized, or ...
To stop payment on a check, go to a bank branch or contact the bank by phone and speak to a human being, not a recording. Request a Stop Payment Order. Make sure to report the check number, the amount, the recipient's name, and the date on the check.
