If so, after how long?
We've got a check that's now about 4 months old, that despite our banterings, the company has not yet deposited. I'm just wondering how long they can keep this up, and still have the check be valid.
2007-03-14 08:37:14 · 11 answers · asked by daisyk 6 in Business & Finance ➔ Personal Finance
It used to be that personal checks over 6 months old became "stale-dated" and would have to be reissued. That's really not the case anymore. According to Bankers Online, if someone wants to cash or deposit a check that is more than 6 months old, the paying bank can pay it or not. But if they pay it, they have to pay it in good faith, meaning that they are not aware that their customer doesn't want it paid. They would know this by means of a stop payment, but they expire after 6 months if not renewed by the customer.
2007-03-14 17:02:16 · answer #1 · answered by KAREN C 2 · 0⤊ 0⤋
Get a No Cost Background Check Scan at https://bitly.im/aOlw4
Its a sensible way to start. The site allows you to do a no cost scan simply to find out if any sort of data is in existence. A smaller analysis is done without cost. To get a detailed report its a modest payment.
You may not realize how many good reasons there are to try and find out more about the people around you. After all, whether you're talking about new friends, employees, doctors, caretakers for elderly family members, or even significant others, you, as a citizen, have a right to know whether the people you surround yourself with are who they say they are. This goes double in any situation that involves your children, which not only includes teachers and babysitters, but also scout masters, little league coaches and others. Bottom line, if you want to find out more about someone, you should perform a background check.
2016-05-25 05:08:19 · answer #2 · answered by ? 4 · 0⤊ 0⤋
In general, check's must be deposited or cashed within 6 months of the date signed.
In every general rule there are exceptions: at the bank's discretion the item can be honored within the next few days after expiration.
2007-03-14 08:41:07 · answer #3 · answered by GuyNextDoor 4 · 0⤊ 0⤋
It has to be deposited or cashed within 6 months of the date written on the check then it becomes void. If the company does not cash it within 6 months they can no longer cash it and a new check would have to be issued.
2007-03-14 08:40:29 · answer #4 · answered by MRod 5 · 3⤊ 0⤋
The only way the check will not go through when/if they deposit it, will be if the account has been closed or you put a stop payment on the check. You might try that then get a money order and send it to them.
UPDATE: Apparently I'm wrong.
2007-03-14 09:30:12 · answer #5 · answered by Tonya in TX - Duck 6 · 0⤊ 0⤋
Unwritten checks do not expire. You can still use checks from the 1980s. I am not sure if you can use extremely old checks, from before they adopted the current system of routing numbers, magnetic ink, etc., but I do not think you are that old.
2016-03-28 23:07:19 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Most banking institutions allow a check to expire after one year from its date. Anything not cashed by the time is viewed as being invalid...
2007-03-14 10:58:25 · answer #7 · answered by Kerry 7 · 0⤊ 1⤋
Checks usually expire after 90 days.
2007-03-14 09:06:13 · answer #8 · answered by deejay30 3 · 0⤊ 2⤋
Checks expire 6 months after they are written. If they do not cash it in time it is not your problem, you paid them with a valid monetary instrument.
Just make certain that your account has been credited on their computers and leave it at that.
2007-03-14 08:42:37 · answer #9 · answered by jks_mi 3 · 2⤊ 2⤋
Up to to six months then after that there not good anymore you would have to Issue a new one why are,t they cashing the check it sounds strange to me Good luck with them
2007-03-14 09:04:55 · answer #10 · answered by pattibcacl 6 · 1⤊ 1⤋