Search results
Results From The WOW.Com Content Network
Stale date. A check can bounce because “the check is considered ‘stale’ or ‘stale-dated,’ which refers to the check not being cashed within typically six months,” explains Jacob Dayan ...
Voiding any check you don’t want to go through by writing “void” in large letters over the front of the check is crucial so be sure to do this before starting another.
6. It Is a Stale Check. Much like bread, once a check is stale it won’t really serve the purpose you need it to. This means that many checks are void after a certain period of time. Often this ...
list), or may suspend the check-writer's privileges until the check-writer has made good on the debt. The recipient may also choose to report the writer to a database service. This may lead to other merchants in the future refusing to accept checks from the writer or a joint account holder, or the writer having trouble obtaining a checking ...
A cheque (or check in American English; see spelling differences) is a document that orders a bank, building society (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.
Post-dated cheques in Indian law are considered under the Negotiable Instruments Act, 1881.Post-dated cheques are common and enforceable. [9] In 1998, the Supreme Court ruled that a post-dated cheque is a bill of exchange and does not become payable on demand until the date written on the cheque
For premium support please call: 800-290-4726 more ways to reach us
Pages for logged out editors learn more. Contributions; Talk; Stale-dated check