How long can someone hold a personal check without depositing it or cashing it before it is void? Can you hold a check for 10 years, and then suddenly cash it?
2007-09-09 10:39:14 · 16 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Catwoman, I was being hypothetical -- there was nothing in my question that would make you say "I think you may have a problem." And to the person who said "10 years LOL are you crazy", that was completely an example. I haven't written a check, nor am I holding a check, that I am concerned about.
2007-09-11 13:09:51 · update #1
Some checks have a 'void after xx days' stamped on it ,
Otherwise , depends on the bank , call them , ask them .
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2007-09-09 10:46:12 · answer #1 · answered by kate 7 · 1⤊ 0⤋
Everyone is right
and wrong.
Each bank has it own rules for length of time they will take a check. Some use 90 days, some 180, some 365.
It depends on your bank. Call them and they can tell you their policy.
It also depends on the teller and if she is paying attention. If she doesn't catch the date, then they may cash a check dated from 3 years ago. Can't count on it, but I have seen it happen.
And finally, keep in mind that any checks sent to a government agency, especially the IRS, the date doesn't matter. It does not even matter if the check is made out to someone else. The IRS will cash it.
2007-09-09 11:20:39 · answer #2 · answered by Gem 7 · 3⤊ 0⤋
so it sounds like oyu are saying that if somone pays for a service in cash and the vendor loses the cash, should i be required to give them more cash? And if i wrote them a check and they lost it or never cashed it and/or the bank will not cah it now becuase it is so old, you are saying i should be held responsible?? At some point the vendor needs to take responisibility for losing the cash or the check, or for just lousy bookeeping. I do not agree that the consumer should be held liable for years after a debt was considered paid due to negligence on the vendors part.
2015-05-18 13:54:55 · answer #3 · answered by Spares 1 · 0⤊ 0⤋
People should be more responsible and less rude. Why would someone hold onto a personal check for such a long time? Obviously if you must wait so long to cash it you are causing turmoil for the account holder.
2015-07-19 09:30:52 · answer #4 · answered by Kelly L 1 · 0⤊ 0⤋
I think you may have trouble. Best tactic would be to get it reissued, but if you can't, try to deposit but don't use any portion of that money until it clears. The reason for that is that the person that issued you the check may have closed that account and gotten the money refunded to them because it was still there-so there may no longer be any funds behind it to cover it. next time deposit it or place it on a savings account. Dont' hold on to an uncashed check for more than 3 months-when most checks expire.
2007-09-09 10:46:39 · answer #5 · answered by Wildfire 3 · 1⤊ 2⤋
After 6 months, it is true the check is considered "stale dated" but most banks will cash it anyway. You can request a stop payment on the check to ensure the check is returned if it is presented for payment, but also beware that most stop payment orders expire after one year and need to be renewed.
2007-09-09 10:47:37 · answer #6 · answered by Anonymous · 1⤊ 0⤋
No, a personal check is usually voided by a bank after 180 days. Check with your bank as to exactly how long they will wait to honor a check...
Good luck
2007-09-09 10:46:14 · answer #7 · answered by Anonymous · 2⤊ 0⤋
should say on check i think usually 'void after 90 days" but bank may overlook i rember cashing 4/5 month old check 10yrs i doubt it
2007-09-09 10:47:17 · answer #8 · answered by Anonymous · 0⤊ 0⤋
1
2017-03-06 04:22:43 · answer #9 · answered by Brady 3 · 0⤊ 0⤋
3 months
2007-09-09 10:56:43 · answer #10 · answered by lilshortsunshine2002 3 · 0⤊ 0⤋