Moneyville

Amy mails Tamika a check to pay her back for some money Amy borrowed since Amy only see Tamika every other weekend. Amy even mentions that she mailed the check in her IM with Tamika. The check is for $50. After several weeks, Tamika complains to Amy that she didn't receive the check. Amy looks at her check register and verifies that she wrote and sent the check.

What should Amy do?

A) Ask Tamika to wait longer since the mail is slow.

B) Just write another check.

C) Complain to the Post Office

D) Ask the bank how to stop payment on the check.

Answers:

A. If the check did not arrive in several weeks, it probably will never arrive.

B. If Amy writes another check, she will never know if someone else who has the check might cash it and suddenly she will be out $50.

C. The Post Office will not be able to do anything since Amy did not send the check with any special service as "Confirmation" to verify that the person received it.

D. She can have her bank stop payment on the old check. She probably will follow these steps when she visits, calls, or goes online to her bank. She should be sure to ask how much it costs to stop payment on a check and deduct this from her checkbook balance.
Request a stop payment on a check.
Tell the checking account number.
Tell the check number (if just one check; otherwise, tell the range of check numbers).