Don’t purge stop payments too soon

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Question:

Mutilating the MICR line of a check doesn't help in the Check 21 environment. So what do we do to prevent a stopped check from being presented again?

Answer:

The only defense is to make certain the stop stays in place (for 6 months or whatever your contractual stop payment term is) even after you have returned the check. If you receive a substitute check for the original, it should run through the same “front end” as the original would, and get stopped. If you accept images, your vendor should have made certain that your stop payments filter works on incoming image files, too.

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