I am paying a company by check. They say they received it, but they never cashed it. This was a little over a month ago. Will the money go back in my bank account or what?
2006-10-09 13:26:38 · 5 answers · asked by mokahcheen0h7 2 in Business & Finance ➔ Personal Finance
My understanding is that unless there is a specific expiration period on the check, it can be presented for payment as long as the person is holding it.
If the account is closed, it will be returned to the depositor as a "closed account" and they might come after you for it. You could also put a stop payment on it, but the same applies.
I have had checks take 3 months to clear.
You should talk to your bank to see what their policy is.
2006-10-09 13:36:15 · answer #1 · answered by txrealestateagent 3 · 0⤊ 0⤋
After 30days and the check has not been cashed it may be lost you should call you bank and put a stop payment on the original check. Fail to make good on a check after 10days of receipt you should notify co and find out if the check is lost you can pursue legal intervention.
2006-10-09 14:10:47 · answer #2 · answered by I am women 6 · 0⤊ 1⤋
It relies upon. lots of circumstances if a verify isn't cashed it incredibly is going to likely be void in a undeniable kind of days. many times 30, 40 5, 60, or perhaps ninety days. yet this relies upon on the kind of verify. in line with risk a 2 social gathering verify is valid for longer? If it became written from a man or woman, call them and ask them if it incredibly is okay. merely tell them you haven't any longer cashed it yet because you in no way mandatory it.
2016-12-13 05:18:13 · answer #3 · answered by ? 4 · 0⤊ 0⤋
A check is only good for 6 months.
2006-10-09 13:34:00 · answer #4 · answered by Saffernellie 6 · 1⤊ 1⤋
call the company and ask when they are going to cash it I think they can hold it up to 60 days so call and bug them
2006-10-09 13:34:24 · answer #5 · answered by Sandra C 4 · 0⤊ 0⤋