Currently in India, the validity of cheques is 3 months from the date mentioned on the cheque. Any cheque that is older than 3 months is considered a stale or invalid cheque and is worthless.
For ex: If I give you a cheque on 1st of May 2013, it will be valid till 31st of July 2013. If you do not cash the cheque before 31st July 2013, the cheque is worthless. Even if you manage to deposit the cheque in your bank, it will come back with no money.
if you have a good excuse.
At a check cashing store they charge you to cash your check. A bank does not.
If you're a small to medium business owner, check out Entrust Cash Advance at entrustcashadvance.com.
They are usually good for up to six months.
When cashing checks, you have two good options (and several bad options). If you take a check to the bank that issued it, and you have good ID, they will cash it for you. If you have a bank account of your own and you have an amount of money in your account that is equal to or greater than the amount of the check that you wish to cash, your own bank will cash it. (Failing that, you can still deposit it in your account and it will clear eventually, usually within days, but that depends upon the location of the banks involved.) There are also check cashing services, but they charge for that service, so I consider it a bad option.
Ususally a check is good for about 30 days after it is issued...i don't know if it is an exact time frame but i would recommend cashing it before 30 days.
if you have a good excuse.
It's strictly illegal to cash the check before escrow closing, in any case whatsoever. Don't even think about it. I believe that your escrow company would never release the check to you anyway, unless they are willing to take a chance on deprive of their license.
If there is no "cash by" date listed on the check, It's usually good for 1 Year.
It is not a good idea to write a check with "Cash" as the payee because if you or the payee lose the check, anyone could pick it up and cash it, and the bank would not be responsible for the lost funds, since making a check payable to "Cash" essentially allows anyone holding the check to cash it.
I did! Take it to the bank. If they cash it, good! If not too bad. The worst they can do is say no!!
cash zone service center inc. is this check good to cash.
At a check cashing store they charge you to cash your check. A bank does not.
Cash (debit)Income or Revenue (credit)A check is considered cash in accounting and is recorded as such as it is easily converted to cash (or deposited)
If you're a small to medium business owner, check out Entrust Cash Advance at entrustcashadvance.com.
A check/cheque book is a collection of cheque's. These cheques can be used to make payments to anyone. They are as good as cash (Provided there is cash in the cheque drawers account)
Contact the bank where the check was issued.