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Stop Payment Request / Postdated Item Notice














1. Item Description:
I request Delaware State Police Federal Credit Union to stop payment on the share draft, check, preauthorized electronic funds transfer ("EFT"), or ACH draft ("Item") described above. I warrant that the item description, including the date or scheduled transfer date, its exact amount, the item number, and payee are correct. I understand that the EXACT information of the item is necessary for Delaware State Police Federal Credit Union's computer system to identify the item. If I give the Delaware State Police Federal Credit Union the incorrect amount or any other incorrect information, Delaware State Police Federal Credit Union will not be responsible for failing to stop payment on the item.
2. Postdated Items:
If this Notice involves a Postdated item, as indicated above, I hereby request Delaware State Police Federal Credit Union to Stop Payment on the share draft or check if presented for payment prior to the date of the item. My Stop Payment Notice on a Postdated Item is subject to all other terms and conditions for Stop Payment Orders.
3. Stop Payment Order:
I agree that Delaware State Police Federal Credit Union will not be responsible for stopping payment unless my Stop Payment Order is received by Delaware State Police Federal Credit Union: a. within a reasonable time for Delaware State Police Federal Credit Union to act on my order prior to final payment or similar action; or b. at least three (3) business days before the scheduled date of the preauthorized EFT or ACH draft. I understand that my stop payment request is conditional and subject to Delaware State Police Federal Credit Union's verification that the item has not already been paid or that some other action to pay the item has not been taken. I understand that my Stop Payment Order will be effective as follows: I make an oral Stop Payment Order which will lapse within fourteen (14) calendar days unless confirmed in writing within that time. A written Stop Payment Order will be effective for six (6) months. A written Stop Order Payment may be renewed in writing from time to time. I also agree to notify Delaware State Police Federal Credit Union promptly upon the issuance of any duplicate item which replaces the item subject to this order or upon return of the original item. I agree to pay Delaware State Police Federal Credit Union a stop payment fee for each request as set forth above.
4. Indemnification:
I agree to indemnify and hold Delaware State Police Federal Credit Union harmless for all costs, including attorney's fees (to the extent permitted by law) damages or claims related to Delaware State Police Federal Credit Union's action in refusing payment of the item including claims of any joint owner, payee or endorsee, or in failing to stop payment of an item as a result of incorrect information provided by me.