Stale Checks Definition

Checks are a type of negotiable monetary instrument that can be presented to a bank in order to receive cash or a credit to a bank account. Checks are not good indefinitely and can become stale.

Identification

A stale check is one that is no longer valid due to its age.

Time Frame

Generally, a check becomes stale-dated after six months. In some cases, checks have an expiration date printed on their face. This type becomes stale once the expiration date passes.

Effects

If you attempt to cash or deposit a stale check, you are likely to be turned away from the bank. In the event you are able to negotiate the check, the amount may be deducted from your account later if the bank that issued the check refuses to pay it.

Fees

If you deposit a stale check and it is returned, your bank is likely to charge you a fee known as a returned items unpaid fee.

Solution

Whenever you receive a check, try to cash or deposit it quickly. If you have a check that becomes stale, contact the person who wrote you the check to see if you can get a replacement.

References

• Utah Valley University: Stale Dated Checks