I made a stop payment on a check and the book say it takes a week(A+ book by the way)! Is this normal ?
how long to stop payment on a check
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dodaSBR Rookie
- 04-26-07
- 28
#1how long to stop payment on a checkTags: None -
spliffSBR Wise Guy
- 07-16-06
- 547
#2I would say this is normal and you have nothing to worry about.Comment -
propSBR MVP
- 09-04-07
- 1073
#3This happened to me about a month ago. I was so mad I lost a check from Bodog because I had to wait 6 weeks just to get it.
When I called to get a new one she said they would research the check and stop payment if it had not been cashed and I would hear from them in 24 hours.
24 hours later I get the standard email my cash out has been approved and it will take up to 30 days to get the check.
The cool part though was that 2 days later the check showed up, I was completely shocked. They can reissue checks and get them there in 72 hours.. so what part is taking the other 27 days?Comment -
MrXSBR MVP
- 01-10-06
- 1540
#4
Money processors are trying to stay under the radar, and so are only willing to cut a certain number of checks per day/week. For a huge book like Bodog, this means a long waiting list for withdrawals. Since the check they originally sent you was not cashed, they didn't send you to the end of the que for a reissue.
In the six weeks it took you to get the first check, Bodog has undoubtedly made progress in stepping up the number of checks their processors can cut, also reducing the wait.Comment
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