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How long can you keep a cashiers check without cashing it?

5 years in Michigan


How long can you keep a personal check without cashing it?

You can generally keep the check for up to 60 days before they consider it "stale" and will not cash it. After 60 days, you have to have them write you a new check.


How much cash can you cash a check for?

The value of the check is fixed and it cannot be negotiated or changed. The amount entered in the check is the exact amount anyone who deposits this check will get. Not a dollar more and not a dollar less. That is why checks are called non-negotiable instruments. You can cash a check written by you against your own account up to the amount you have in the bank (unless you must maintain a "minimum balance" to keep the account open).


Where can i get cash now?

Cash Advance loan services are small loans granted within minutes. You simply write a check from your account to the check cashing establishment and they will advance you funds for up to (average) 2 weeks when they will cash your check surrendered plus a fee. You will need to provide identification and the previous month's pay stubs to show an ability to repay the loan that quickly. Keep in mind that this is a very short-term solution and you must be able to have the funds in your account by the time they cash your check.


What happens to a check after you cash it?

The bank will store the check in a safe place. Actually banks will keep all the checks that were cashed by them in a safe place for future reference. From the customer point of you, the check is used and is no longer a valid monetary instrument.

Related Questions

How long can you keep a cashiers check to cash it?

any time only to take yhe cash...


How long can you keep a cashiers check without cashing it?

5 years in Michigan


How long can you keep a personal check without cashing it?

You can generally keep the check for up to 60 days before they consider it "stale" and will not cash it. After 60 days, you have to have them write you a new check.


Can someone cash your check without your permission?

Yes, someone can cash your check without your permission if they have access to the check and your signature. It is important to keep your checks secure to prevent unauthorized cashing.


How do you get cashier checks?

It's easiest if you have a bank account, then just take it to your bank, endorse the check and deposit it. If you don't have an account you'll have to find one of those places that charges to cash a check.


Can the bank that has a charge off on you hold a pay check you are trying to cash?

ABSOLUTLEY, they not only can hold the check, the bank can keep the money.


Is there some disadvantage of get cash now vs. getting a check?

If you get cash you could get robed and tha is not cool.But when you get cash you can keep track of how much money you spent. A chechis not alowed everywhere.


Can i use my sears mastercard for cash?

Yes, you can use your Sears MasterCard to withdraw cash, but this is typically done through a cash advance. Keep in mind that cash advances usually come with high fees and interest rates, and interest begins accruing immediately. It's advisable to check your cardholder agreement for specific terms and conditions regarding cash advances before proceeding.


You have not made payments for aleast 30 months whats your options to settle your debt to keep the car?

Send them a cashiers check for the balance in full. Otherwise, hope they do not repossess it. Can happen any time.


Can a person who is receiving unemployment cash their check at the agency?

The reason unemployment benefit checks (or debit-like cards) are sent to recipients is that the agencies do not keep cash on hand.


What do you mean by petty cash book in small scale industry?

Petty is anglicized from the french 'petite' (small). Small businesses buy minor quantities of stationary, postage etc for cash rather than paying by check. To keep track of those fees there is a dedicated petty cash book. Each day the petty cash book is balanced before putting the petty cash and daily receipts in the safe.


How long can you keep a check before cashing it?

Typically, you can keep a check for up to six months before cashing it. After that time, the bank may not honor the check and you may need to request a new one from the issuer.