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Stop Payment Order. Revocation of a check; a notice made by a depositor to his or her bank directing the bank to refuse payment on a specific check drawn by the depositor. An individual who writes a check can revoke it unless it has been certified, accepted, or paid. If a bank pays a check after a timely stop payment order by the depositor, the bank is usually liable to the depositor for the amount paid.
While Standard Chartered will try to act on your. request to stop or cancel your payment. applications, we cannot always do so as the. payment instruction may have already been. processed by the time we receive the. cancellation instruction. To avoid duplication of. payment instructions, please submit new.