Paying by check eliminates the need to keep large amounts of cash

1.  Paying by check eliminates the need to keep large amounts of cash on hand and is safer than using
cash for payments by mail. Also, once returned by the bank, checks serve as receipts and may be
used as proof of payment.  

2.  Written and oral. A written stop order lasts 6 months and can be renewed. An oral stop order is
good for 14 days but can be confirmed in writing and thus be effective for 6 months. 


No.  If a customer for example has insufficient funds in his/her account to cover a check, the bank may
elect to pay it and charge the customer’s account but is not bound to do so.  Also, a bank may refuse to
honor a stale check or a check that is questionable as for example a check that contains a material
omission such as the amount in words.