Get Stale Date Check-sample Letter

As with all US Treasury checks, you have one year to cash the check before it expires. If you miss that deadline, you can request a replacement for the expired check.

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. Before trying to cash a stale-dated check, it might be a good idea to contact the bank that holds the account the check is drawn against to see what its policy is.

As has been said, if the bank refuses to honour the out-of-date cheque and the sender refuses to send you a new on, then the sender will still owe you the money up until 6 years after the date of the cheque. If the sender holds out, you will probably have to go to court to get it your money.

Well, the most obvious and easiest solution is to ask the cheque issuer to simply write you a new cheque. However, in situations where that is not possible such as if the person issuing the cheque has passed away or if they refuse to repay you, can anything be done? The short answer is yes.

In such a case, the receiving party may request the issuing party to issue a fresh cheque in his favor in return for the expired cheque. The receiving party may write a letter in the following format enclosing along with it the expired cheque(s).

Most checks are stale dated six months from the date written and banks have the option of refusing to accept the check for deposit. However, the check is still essentially active to the issuer. Ask your bank to accept the check and place a hold on the funds until it clears or they're notified it will not be honored.

How Long are Checks Generally Good For? The Uniform Commercial Code (UCC) is a collection of laws and regulations meant to harmonize the laws of sales and regulations across the U.S. The UCC tells banks that they are under no obligation to accept personal or business checks that are older than 180 days (6 months).

Void the check and add the amount to your checkbook balance. Debit the general ledger Cash account for the amount, and credit the account that was originally debited. Remove the check from the bank reconciliation's list of outstanding checks.

Cheques are considered stale-dated after six months, unless it is a certified cheque. A stale-dated cheque means that the item is old, and not necessarily invalid. Financial institutions may still honour these items, but there is no obligation to do so.