Ask all your Finance, Insurance, Banking, Investment, Loans, Mortgage related questions and get answers from expert for FREE !
0 votes
asked in Banking by

1 Answer

0 votes
answered by (19.8k points)

It depends on the bank. According to the Uniform Commercial Code, a bank is not obliged to pay a cheque after six months, but may do so if it wants to.

§ 4-404. BANK NOT OBLIGED TO PAY CHECK MORE THAN SIX MONTHS OLD.

A bank is under no obligation to a customer having a checking account to pay a check, other than a certified check, which is presented more than six months after its date, but it may charge its customer's account for a payment made thereafter in good faith.

Official link to UCC 4-404

Welcome to pfGuru Q&A, is a question and answer site for people who want to be financially literate. It's 100% free. You can ask all your Finance , Insurance, Banking, Investment, Loans, Mortgage related questions and get answers from expert.
© 2017 pfGuru
 
· Disclaimer 
· Privacy Policy
 · Contact Us
...