yes, I got the money orders from Money gram in New York USA in Oct.2008 and the same are not cashed and still lyng with me. I lost the receipt of issue. Kindly advise how I can get the payment.
No. Only the person who issued the check to you can replace the stale dated check. Banks do not have any authority to reissue state dated checks to people to whom checks were issued by their account customers. You need to contact the person who gave you the check and ask for a replacement check.
promissory note a written promise by a person or the maker.
Yes. They will refuse payment. No bank will actually cash a stale dated check. Checks usually have a validity of 90 or 180 days (depending on the country) and after that date, the check is stale and worthless. No bank will accept such checks for cashing or cash it.
Cashier's checks are "guaranteed funds." This means that they should be able to pay so long as the bank exists. However it may become more cumbersome 6 months after issuance of the check because anything dated 6 or more months ago is considered "stale dated." These items sometimes have to be treated differently than a regular item depending of bank policy.
Wells Fargo will CLOSE your account if the check is considered Stale. It just happened to a friend of mine. No fault of her, she received a check with an incorrect date (2011 instead of 2012), she deposited it without noticing the date. Wells Fargo froze her account and then closed it.
I am afraid not. after one year they are dead. Such cheques are called Stale Dated Cheques. It differs from country to country. In many countries cheques become stale after 90 days from the date of issue
Actually nothing. It is the responsibility of the person who received the cheque to deposit and encash it before the cheque becomes stale dated.
! Banks have no responsibility to review the date on a check to determine if it should be deposited, paid, refused or rejected (this is in Rules and Regulations provided when an account is opened); On a stale dated check, ifcustomer doesn't want check paid, they should place stop payment on it. This also applies to post dated checks. According the the UCC, a bank can refuse a stale dated or posted check. It is at the discretion of the financial institution.
A check that is older than 90 days (or 180 days depending on the Country) is considered a stale or expired check. It is worthless and carries no value. You cannot cash such a check. Since the check is expired, the check issuing bank will not pay for it. Such a check is called a stale dated check
Debit accounts payable/ expensesCredit bank
Most checks become stale dated -- which means they cannot be cashed -- after 6 months, though some checks last for a year (business checks). Some checks may have an even shorter life (the check would say "Void after ________"). If your check is stale dated, it is likely your bank will refuse it or, if they accept it, that the drawee bank will return it against your account. You should request a new, currently dated check from the original maker.
The only reason why a cheque may become stale is: The cheque was issued to you in the past and you have not yet deposited it for cashing it. Any cheque that is older than 180 days is considered stale. If you deposit a stale cheque - the bank will not release the funds
it depends on how out dated. a few days, sure. a few years, i wouldn't because is causes the pie or cake to become very stale opened or unopened its all the same
leave it exposed to the air, then after a few days (5 days or more) it will become stale.
Yes. Almonds can become stale or rancid.
Water can become stale if you leave it out too long. This is because carbon dioxide gets into the water and lowers the pH.
A Post Dated Cheque is one that has a date in future. A Stale Cheque is one in which the date is in the Past. Usually cheques have a validity of around 90 to 120 days. So, lets say someone gave you a cheque in March 2011 and you have still not cashed it, it is a stale dated cheque. Similarly if I give you a cheque with date as 10-May-2012 today (on 14 Jan 2012) it would be a Post dated cheque. In this case, the cheque is valid only on or after 10th May 2012. Until then, it is just a piece of paper and is worthless