STOP
PAYMENT INSTRUCTIONS
The
online stop payment service is NOT available to cancel transfers
between accounts and/or any electronic bill payments.
Stop
payment fees are assessed for each check as published in our
current Account Fee Schedule.
Stop
payment orders are placed through our website, but you must then
follow-up with a written stop payment request. Only written stop
payment orders are binding.
To
complete a Stop Payment, please fill in and submit the required
information on the Stop Payment Request form. Print it before you
click on the submit button. Your Stop Payment will be placed based
upon the request you submit through this website. We will not be
responsible if you do not describe the check accurately.
In
order for the stop payment to be processed you must:
- Print
this Disclosure Page
- Sign
and date it where indicated below, and then
- Mail
the Disclosure Page along with a printed copy of the Stop Payment
request form to:
Boone
County Bank
Internet Banking Customer Service Dept.
P.O. Box 7
Madison, WV 25130
The
signed disclosure and printed Stop Payment Request form must be received
within 14 business days of the stop payment being placed or the stop
payment will be removed from the system.
A
written stop payment order is effective only for six months, but may
be renewed by you upon request in writing.
DISCLOSURE
Boone
County Bank (hereafter, “Institution”) accepts this stop payment request
subject to the provisions contained within the Uniform Commercial Code
as adopted by the institution and in accordance with your account’s
then current terms and conditions.
You
agree to hold Institution harmless from and against any losses, claims
or costs (such as attorney fees) incurred by (1) payment contrary to
this order if such payment occurs otherwise than by a failure to exercise
ordinary care, or (2) refusal to make payment of the stopped item.
Institution
shall not be liable if, as a result of payment of the item subject
to this order, other items drawn by you are returned due to insufficient
funds. You will notify Institution promptly of the issuance of
a check or item, which is a duplicate of the check or item subject
to this stop payment order, or upon the return of the original check.
Limitations
on our obligation to stop payment are provided by law (e.g. we paid
the item in cash or we certified the item prior to processing of the
stop payment order). You agree to submit the order within a reasonable
period of time for Institution to receive and act on the order and
you understand that Institution must rely on the information provided
to describe the item(s) with certainty. Institution assumes no responsibility
if the description of the check or item is inaccurate or incomplete.
You
may withdraw this order only in writing or in person at one of the
Institution’s branch offices.
This
order shall be considered null and void unless a signed copy of this
form is received by Institution within 14 days.
This
order shall automatically expire and become null and void six (6) months
from this date, unless revoked or released before that time, or extended
or renewed for additional periods. Institution shall not be liable
for payment of any item subject to a stop payment order upon the expiration
or withdrawal of such order, and Institution may, in its discretion,
refuse to honor any such item pending your instruction.
By
submitting a Stop Payment request online, you agree to the above terms
and conditions and authorize the assessment of the applicable stop
payment fee to the account affected by the stop payment order. You
also certify that you are an authorized signer on the account affected
by the stop payment order.
