What Is a Stale-Dated Cheque?
Your financial institution will most likely charge a non-sufficient funds fee if you don’t have enough funds in your account. Certain checks may have shorter expiration periods, such as 180 days (six months) or even 90 days (three months), after which some banks may decline to process them. Place a stop payment order on the original check to prevent it from being cashed. Get a Replacement Cheque However, if you leave an uncashed cheque for too long, you risk not being able to access that money at all. This is because when too much time has passed since a cheque’s date, it becomes stale and is no …
