Share Draft / ACH Stop Payment Order
I authorize Associated School Employees Credit Union (ASECU) to stop payment on the share draft / ACH debit described below, unless already paid, certified or accepted. I realize there is a $36.00 service fee for this Stop Payment Order to be debited from my account. If the item is presented by a different method than I have indicated, the item may still be paid with no liability to ASECU. ASECU is not responsible for posting or return errors caused by insufficient or inaccurate information. I understand that this written request will cease to be effective six (6) months from the date of this order. A verbal request will cease to be effective fourteen (14) days from the date of this order unless cancelled or renewed in writing by me. ASECU will not be liable for payment of this draft / ACH debit contrary to this request unless payment is caused by ASECU’s negligence and causes me an actual loss. ASECU’s liability shall not, in any event, exceed the amount of the draft / ACH debit. I agree to reimburse ASECU for any loss it sustains in honoring this request.