Stale dating claim
Those in possession of a stale-dated personal check may wish to contact the owner of the account to receive an updated check rather than try to process the stale one.Many checks from larger businesses and government agencies must be processed within 90 or 180 days, or they become void.According to the Federal Deposit Insurance Corp., if a check is presented for deposit more than six months after the date on the check, it is reasonable for the bank to assume that the check may be uncollectible – and therefore the institution can refuse to deposit or cash the check.This guideline is included in the Uniform Commercial Code as well.(I'm old-fashioned and go inside to make deposits for my business finances.) While I waited, I eavesdropped on the nearest conversation. Together they went through the woman's checkbook register and compared it to the bank's computer. “Can they really take that long to deposit a check? I'd write a check, and it would remain un-deposited for several months. Because I toed the line so close to zero, the answer was important.A woman was frustrated because she'd just opened a checking account a few weeks ago, and now it was overdrawn. Finally they discovered the culprit: a check the woman had written on June 21st. In my case, every check was eventually deposited and funds withdrawn from my account.
Although you cannot legally cash your expired Treasury check, you still have a right to receive the funds. You must follow the agency's reissue process to receive a new one. If the check is not in your possession, you will need to file a lost check claim with the paying agent first. Although you cannot legally cash your expired Treasury check, you still have a right to receive the funds. You must follow the agency's reissue process to receive a new one. Contact the Defense Finance and Accounting Service for Department of Defense payments at 888-332-7411.
While running errands this afternoon, I stopped by the bank to deposit a check. “It had been so long that I thought they must have lost it.
All of the tellers were occupied with difficult clients. She tried to help the woman figure out where the problem was. I've already used that money for something else.” The teller didn't say anything. In my younger days, I had similar experiences (though never with checks that were just a few weeks old). Or should I keep it in my account in case the check actually goes through?
Each agency has its own procedure for requesting a reissue of an expired check.
For example, to request a replacement for an expired IRS check, you must write 'void' across the check. Department of Treasury checks must be deposited or cashed within one year from the issue date.
And an account that may have been flush when the check was issued may be empty several months down the road.