What Is A Stale Check? With Pictures

stale dated checks

A check that’s more than six months old is considered a “stale-dated check” and could be a headache to cash. And if the uncashed check is from your account, you might end up having to pay fees if someone tries to cash it and there are no longer enough funds in your account to cover the check. Personal, business, and payroll checks are good for 6 months . Some businesses have void after 90 days pre-printed on their checks.

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  • With the personal check, if the check hasn’t been cashed after 180 days or six months, it will be considered invalid.
  • If you forget or fail to sign a check, the bank will not cash it, even if all the other information is correct.
  • The policy should more clearly outline what you are going to do if a recipient does not cash a check that you’ve issued.

Also, double-check that he hasn’t switched financial institutions or opened a new account before you head to your bank. Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Some business checks will have “Valid For 90 Days” noted on the check. The issuing bank may not honor a business check if it is presented after the 90 day period. Individuals should consult their tax advisers or legal counsel for advice and information concerning their particular situation.

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Instead, they should be monitored, and the owner should be contacted periodically. If someone tries to cash or deposit a stale check from your checking account, your bank might still deduct the funds from your account — even if you don’t have the funds to cover the amount. As the CFPB notes, most banks will cash checks issued by their customers. Cageybird September 23, 2014 I think people who hold onto checks for six months or longer had better have a really good excuse for doing it. I’ve written my share of post dated checks in the past, but at least the payee agreed to deposit it promptly. A stale dated check most likely means the recipient either forgot about it completely or has a problem with procrastination. Either way, I’m glad the banks will at least flag stale checks before agreeing to cash them.

stale dated checks

Every state in the United States has what are called escheatment laws that require a business to hand over unclaimed property after a specific period. If there are no further instructions on the check, then the bank can choose not to honor it if it’s older than six months. However, many businesses tend to put a length of time on the check for accounting purposes.


Each signed affidavit form should be notarized, if applicable. To search for an undeposited check and obtain assistance with a refund or replacement check contact us for an appointment. We’re the Consumer Financial Protection Bureau , a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly.

  • Consider the type of unclaimed property you could potentially have and investigate the state dormancy period for each.
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  • The 6-month rule is a general rule, but that doesn’t apply to all types of checks and money orders.
  • If they still want to cash the check, offer to write them a new one — just make sure you get the old check back first, or put a stop payment order on it.
  • If your state is subject to unclaimed property laws, request that accounting record a liability to the state.

If the check becomes stale-dated, the bank could use this section to ask for identification and address in case the check bounces. Treasury are good for 12 months after the date they’re issued. A check from a state government is generally valid for six months to a year, though that can vary by state.

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This compensation may impact how, where and in what order products appear. Bankrate.com does not include all companies or all available products. All of our content is authored by highly qualified professionals and edited by subject matter experts, who ensure everything we publish is objective, accurate and trustworthy. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Kenneth Chavis IV, CFP®, provides guidance to business owners, entertainers, professional athletes and medical doctors on growing and protecting their wealth. In some cases, if your bank was negligent – e.g., your bank failed to perform due diligence in verifying the check, then you could request to be compensated for any losses or damages. Although penalties will vary by state, they can add up quickly.

  • While a bank does have the right to refuse an old check — and even return it to the original issuer — it also might decide to honor it.
  • With each type of check payment, you can expect a different set of rules and expiry dates.
  • We’re the Consumer Financial Protection Bureau , a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly.
  • Since you owe that money to either the state or the property owner, uncashed checks should never be voided.
  • A stop payment informs your bank that you do not want the check cashed.
  • For example, say you paid a vendor $100 for supplies one year ago and he never cashed the check.

If your state is subject to unclaimed property laws, request that accounting record a liability to the state. If you forgot to deposit a check and it’s been more than six months since you received it, it might be considered stale. You can try and deposit or cash it, but you risk the check being rejected by your bank or possibly returned from the issuing bank.

At What Point Does A Check Become Stale

Whether an employee forgot about the paycheck or a vendor went out of business, a stale-dated check can result in an accounting conundrum. Create an accounting policy to contact stale-dated check holders after a specified period of time.

A bank, by law, can reject a check that is older than six months. If this happens to you, there are a few things you can do to resolve it. You can petition the bank to reconsider, especially if you have a long bank history with them. In addition, you can reach out to the owner and ask if there is money in the account so you can be confident that the check will clear. If you try to cash a stale check or someone tries to deposit a stale-dated check that you’ve written, here are a few things to look out for. When the check is reissued, the employee will receive an email indicating it is available for pickup. The re-issuance of a stale-dated check will have no effect on the individual employee’s record or your account, even if it is for a prior fiscal or calendar year.

Lost Or Stale

To request for check reissuance, please use our Affidavit (CorporationorIndividual/LLC) andPower of Attorneyforms. Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date , in form and substance satisfactory to Agent. Ultimately, it may depend on the type of check involved, explained in detail below, and what the bank chooses to do. Some checks come printed with text stating that a check becomes void after 90 days. This can be safely disregarded as a ploy to nudge people not to hold a check for too long.

stale dated checks

This is important because if you have a check that is written for a future date, the bank won’t allow it to be cashed or deposited until that date. On the other hand, if the date is older than ​six months​, some banks consider it stale-dated and will not cash it. Make sure to review your bank statement to ensure no checks you’ve written go stale. If a check you wrote is approaching the six-month mark but still hasn’t been cashed, you’ll be able to spot it so that you can get in touch with the recipient. Your bank may let you deposit the check, regardless of the issue date, but the issuing bank could still reject it. If this happens, the funds might be withdrawn from your account and you might have to pay a fee.

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As a result, when the forgotten check resurfaces without warning, there may not be enough funds in the account to cover it. This is why it is always best to contact the issuer before attempting to cash a stale check. Making the call may be awkward, but accidentally slapping your grandma with a hefty overdraft fee is worse.

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Ask for a new check if the old one is past the six-month mark. It will be charged a fee for this, and will pass this on to the customer. The payee will not only be out the amount of the original check, but also the added fee for finding out it is too old to deposit.

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If you have some old traveler’s checks, you can cash them with the issuer or spend them at home just as you would when traveling. If the issuing https://www.bookstime.com/ bank is still in existence, then the traveler’s checks are still valid. It’s important to read the fine print as provided by the issuer.

Consider using an electronic payment method instead of a check. If the date on the check is more than 180 days old, the check is stale. Of course, the offers on our platform don’t represent all financial products out there, but our goal is to show you as many great options as we can. If you are already logged in and believe you should have access to member-only content, please contact us for assistance at In the other states, the program is sponsored by Community Federal Savings Bank, to which we’re a service provider.

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💡 To avoid bad conversion rates and hidden fees, you can try the Wise account next time you travel abroad. Wise is up to 4x cheaper for spending abroad than US bank accounts or PayPal.You stale dated checks can also find more tips on travel money options in this guide to travel money. With cashier’s checks, it varies according to the banks, so there are no hard and fast rules.