ok so i wrote someone a check and they have not cashed it and its been a few weeks so i was wondering if there is like a certain time you need to cash a check by before it like expires or something?and if they let the check expire do i have to give them a new one if they ask for it or did they just lose out on their money?
2007-09-26 07:12:37 · 7 answers · asked by CArl 2 in Business & Finance ➔ Personal Finance
Checks are considered stale dated after 6 months. If presented to the bank after it is stale dated, the bank is under no obligation to cash it.
2007-09-26 07:29:33 · answer #1 · answered by CupCake 5 · 0⤊ 0⤋
Usually you have 3 months to cash a check. Some banks give you 6 months but the norm is 3 months. Not sure what the check was for but if it was for a bill then you would still be liable. Are you sure the party recieved the check?
2007-09-26 14:43:30 · answer #2 · answered by ? 5 · 0⤊ 0⤋
This certainly is not for a bill. Sounds like you wrote someone a check for some other reason. Call up the procrastinator and tell him you will be closing the account; so he needs to cash the check this week or never.
2007-09-26 14:20:17 · answer #3 · answered by anaise 6 · 0⤊ 1⤋
The check expires usually within 90 days. You will have to replace the check if it expires. Why not just ask them to cash the check so you can balance your account.
2007-09-26 14:19:49 · answer #4 · answered by mrsdeli 6 · 0⤊ 1⤋
I don't think it expires, as long as the bank is still in business. So you should always make sure your balance can cover it. I think you only need to give them a new check if you close the account and it still hasn't been cashed, or if they tell you something happened to the old one (lost/damaged/etc) and you can check that it wasn't cashed.
2007-09-26 14:17:04 · answer #5 · answered by Anonymous · 1⤊ 1⤋
i believe they have 60 days or 90 days to cash it
2007-09-26 14:18:27 · answer #6 · answered by butter747 1 · 0⤊ 1⤋
Usually - 1 year.
2007-09-26 14:16:33 · answer #7 · answered by Wayne Z 7 · 0⤊ 1⤋