How to Cancel an Auto Draft From Checking

How to Cancel an Auto Draft From Checking
Be sure to cancel auto drafts you no longer need.

Get a copy of your last bank statement, and find the auto draft you want to cancel. In some cases, the bank statement will include identifying information about the company, including a phone number.

Call the company to whom the auto drafts are made, using either the phone number listed on the bank statement or the phone number listed in the phone book.

Speak to a customer service representative and inform the agent you want to discontinue your automatic payments. Be sure to ask if you need to complete any paperwork to stop the auto draft.

Contact your bank and inform them that the auto draft has been canceled. The bank will take measures to ensure that no further auto drafts are taken from the account. In some cases, you may need to complete and sign a form to stop the payments. If a form is required, the bank will send it to you.

Check your bank balance on the day of the next scheduled auto draft to make sure the automatic payments have been stopped. If there is a problem, contact the company at once.