REMOVING A STOP PAYMENT REQUEST

 

 

  NOTE: 'STOP PAYMENT REQUESTS' are automatically dropped by the system at the end 

               of 10 months.

 

 

The following procedure is used to manually  remove a 'STOP PAYMENT REQUEST' previously entered into a member's account.

 

1.            Access the member's account in Program #5.

 

2.            Choose Option I.  You will see a listing of all 'STOP PAYMENT REQUESTS' in place for this account. 

 

3.            Verify that a 'STOP PAYMENT REQUEST' does exist for the share draft in question, and press 'F9' to print this listing.

 

4.            Go to Program #2.

 

5.            Choose 'Share-Withdrawl/Fees'

 

6.            Enter share type 'D'

 

7.            Choose transaction  #188 XS 'Cancel-Stop-Pay-Request'

 

8.            'PRIOR-SHARE-BALANCE!'  And 'Enter TRANSACTION (DOLLAR) AMOUNT' will both say 'N/A' and the current account balance will be displayed in the 'NEW-SHARE-BALANCE (If Posted!)' field.

 

9.            You must enter the information for the share draft (or range of drafts) in question EXACTLY as it was entered when the 'STOP PAYMENT REQUEST' was entered.  You will find that information on the printout you did in STEP #3 above.

 

10.        'MANDATORY Enter starting DRAFT NUMBER'    Enter the information from the 'BEG DRAFT' field on your printout.

 

11.        'Optional! Enter ending DRAFT NUMBER.'  Enter the information from the 'END-DRAFT' field on your printout.

 

12.        'Optional! Enter draft amount'.  Enter the information from the 'BEG-AMOUNT' field on your printout.

 

13.        'Optional!  Enter amount range'.  Enter the information from the 'END-AMOUNT' field on your printout.

 

1.      If you entered the information correctly you will see 'MATCH FOUND!  Enter 'YorN' to confirm DELETE' at the bottom of the transaction window. 

                        Enter 'Y' to tell the system to delete this 'STOP PAYMENT REQUEST'.

                        Enter 'N' to cancel this transaction.

If the system does not find an exact match of all information you will see 'SORRY!  NO MATCH FOUND!  Press 'ESC' to exit:

                Press 'ESC' and repeat from STEP #6 above.

 

14.        The 'STOP PAYMENT REQUEST' is now deleted from your system. 

 

15.        Contact your share draft processor to instruct them to remove this 'STOP PAYMENT REQUEST'

 

 

EXCEPTION SITUATIONS:

 

1.      If you previously placed a 'STOP PAYMENT REQUEST' on a "range" of share drafts, and now want to delete one or more drafts, but leave the 'STOP PAYMENT REQUEST' on others, you will need to delete the entire range, and do new 'STOP PAYMENT REQUESTS' on those you still want to stop.

 

2.      If you previously placed a 'STOP PAYMENT REQUEST' and want to change (or remove) one or more fields on that request, you will need to remove the original 'STOP PAYMENT REQUEST' and enter a new one with the proper information.