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write them a check for the amount and they'll cash it and you'll be paid back

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Q: If someone wrote you a check and you cashed it a few months later they said it was a mistake they want the money back what should you do the money is spent already?
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Continue Learning about Accounting

What happens to an official check never cashed?

it goes dormant after 6 months


Why are checks void after 6 months?

Because that is the rule. If someone does not cash a check paid out to him for that long, probably he has either lost it or does not wish to cash it. So in such cases, to prevent illegal activities (like a stolen check being cashed by a fraudster) there is a validity date associated with each check. In most cases it is 90 days and in some countries it is up to 180 days.


Will banks cash a stale dated check?

Yes, they will.Our company stopped payment on a check back in 2006. The personreceiving the check said it was lost.The check was cashed one year later. The bank said the stop payment was only good for 6 months. If you put a stop on a check, eitherstop payment every six months or change your account.The check was a small dollar amount.What we learned - we have to go back and stop payment every 6 months.


How long is a hsbc bank cheque valid for?

An HSBC bank Cheque is valid for a period of about six months but some banks require a check be cashed within ninety days of the issue date or else the funds go forfeited. Other banks may allow checks to be valid for years.


What are accruals and prepayments?

Accruals: Accruals are those items the benefits of which has already taken by company but the payments are not yet paid or services of which are already provided but amounts are not received yet Example: rent accrued for previous 6 months but not yet paid. Pre payments: Pre payments are reverse of accruals as these are the payments which have made already but the benefits of those payments are not yet taken by the company. For Example: Prepaid rent for next 6 months.

Related questions

Can you cash an old check?

A cheque can be cashed only until 6 months from the date of issuance. all cheques become null and void after 6 months from the date of issue irrespective of whether they were cashed or not.


What happens to an official check never cashed?

it goes dormant after 6 months


What if your boyfriend doesn't love you anymore after a mistake you made 6 months ago?

He isn't worth the effort, if you can't accept someone for who they are then you shouldn't be with them


In the state of Indiana if you have a dog for six months and someone tries to take it back would you have to give it back?

People who live in the state of Indiana do not give their dogs after the six months because by then, they are usually already fond with the pet.


How many months are their in a year?

12 months (you should seriously know that already.)


Can checks made out to grandmother in 1957 still be cashed?

No. A cheque is valid only till 6 months from the date of issue. Hence these cheques are expired and you cannot cash them.


If you took 3 hits of almost burnt up weed will you test positive 3 days later?

PLUS!!! I have NOT smoked in over 20 months and the weed was over 18 months old....it was just about "cashed" or burnt all up


How do you regain your love and trust?

Time is your best friend. Once someone breaks that bond of trust it may take months to a year or more to earn it back. This just does not mean in romantic relationships, but family and friendships. Everyone can make a mistake, but if they do not choose to learn from that mistake then they are in for one lonely life and will get a reputation for being unpredictable and untrustworthy.


How many months until 2012?

it is already 2012


When will I get Adam's apple I'm already 14 years 11 months Will I ever have it?

You already have one.


Did you make a mistake in contacting ex if it was more than 5 months after last time you contacted?

NO! Of course not you are showing responsibility by going first! You are being a better person, you made no mistake!


If you add an one month membership and you already have 12 months what happends?

You'll have 13 months membership