Quote:
|
Originally Posted by jwzimm
A cashiers check cannot have a stop payment put on it. It is as good as cash in those terms. Only a personal check can have a stop payment placed on it. This is the reason for cashiers checks. They allow for the exchange of a large sum of money through a neutral intermediary (the bank).
|
That's not true. You can put a stop payment on any form of check. I work in a bank and we do this all the time. He can easily go back to the bank and say it was lost or stolen.