Online Stop Payments

The check management function within iBIZ offers you the ability to initiate stop payments electronically.

How does an Automated Stop Payment work?

  • Through iBIZ, you will enter check information from the item for which you desire to stop payment.
  • The system then verifies that the item has not already cleared. If not, then a stop payment flag is automatically placed on the account.

The benefits of Automated Stop Payment?

It lets you:

Save administrative cost and time.

Enjoy a lower stop payment fee than the bank's charge for a manually-placed stop payment order.

 

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