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Old 06-12-2010, 02:24 AM
 
Location: San Diego, California
2,496 posts, read 5,745,760 times
Reputation: 1816

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While going through some old paperwork, I found a refund check that was issued to me in July 2008 by a business (Barneys New York) for a defective item I returned.

Here's the thing...I *think* I may have thought I misplaced the check and got it reissued, but there's a chance I just didn't go through with having another one sent, and chalking it up to being my fault that I couldn't find the check. I just cannot remember!

My question is--is there a way to find out if the check is still valid/could be cashed? There's nothing on the check about it being void after a certain time period.

If I'm SOL that's fine, but it's for $70 so I figured I'd just post here to see what you all think.

Thanks!
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Old 06-12-2010, 07:33 AM
 
Location: North Metro Atlanta
4,906 posts, read 6,274,817 times
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Checks are good for 1 year from date of issue, The bank (or mostly likely Barneys (will electronicly notify the bank)) will reject the check as being stale. And your bank will hit you for a returned check fee then.
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Old 06-12-2010, 08:07 AM
 
3,651 posts, read 5,650,343 times
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Checks vary on how long they are good. Some it's as little as 90 days.....I think personal checks vary by state but typically 5 yrs.
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Old 06-12-2010, 09:35 AM
 
5,294 posts, read 6,185,500 times
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I think it is quite humorous that people in this thread seem to be making up information as they go: is it 90 days? 1 year? 5 years?

Rather than wondering or guessing OP, why not just go to the law? The Uniform Commercial Code (UCC) sets the standard that all banks follow. The answer to what constitutes a stale-dated check is simple; however, whether a bank will cash a stale-dated check is not.

Very simply, the UCC makes clear that a bank is under no obligation to cash a check that is more than 6 months old; however, it may choose to do so.

Here is the official info:

Uniform Commercial Code - Article 4

FDIC Law, Regulations, Related Acts - Consumer Protection
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Old 06-12-2010, 11:54 AM
 
Location: Oakland CA
7,622 posts, read 10,695,465 times
Reputation: 8398
Quote:
Originally Posted by MadManofBethesda View Post
I think it is quite humorous that people in this thread seem to be making up information as they go: is it 90 days? 1 year? 5 years?

Rather than wondering or guessing OP, why not just go to the law? The Uniform Commercial Code (UCC) sets the standard that all banks follow. The answer to what constitutes a stale-dated check is simple; however, whether a bank will cash a stale-dated check is not.

Very simply, the UCC makes clear that a bank is under no obligation to cash a check that is more than 6 months old; however, it may choose to do so.

Here is the official info:

Uniform Commercial Code - Article 4

FDIC Law, Regulations, Related Acts - Consumer Protection
Jeez -- I can't rep you for this -- but you are correct. I spent 13 years in banking at two banks -- staledate is 6 months.
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Old 06-12-2010, 11:34 PM
 
Location: San Diego, California
2,496 posts, read 5,745,760 times
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Thanks for the info everyone! I actually today found record of me depositing a reissued check for that amount, so I've already got the amount that was owed (back in 2008). Into the shredder it goes.
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Old 06-12-2010, 11:51 PM
 
3,651 posts, read 5,650,343 times
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Quote:
Originally Posted by MadManofBethesda View Post
I think it is quite humorous that people in this thread seem to be making up information as they go: is it 90 days? 1 year? 5 years?
I think it's humorous that you think it's all about the bank. The company who issued the check might have something to say about it too, FYI. In fact I know I have gotten checked on which it plainly said on the check "not valid after 90 days."

Re. the 5 years, that's why I said "I think" - but in hindsight I was thinking of a statute of limitations on a financial obligation vs a particular check itself.
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Old 06-13-2010, 01:03 PM
 
Location: Somewhere in northern Alabama
11,781 posts, read 27,479,564 times
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Interesting how Statute Of Limitations has the same acronym as something else...

In AL, the SOL on open accounts is 3 years. Again, it varies by state.
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Old 06-16-2010, 11:06 PM
 
Location: Arizona
2,547 posts, read 512,685 times
Reputation: 1284
Quote:
Originally Posted by flyonpa View Post
Checks are good for 1 year from date of issue, The bank (or mostly likely Barneys (will electronicly notify the bank)) will reject the check as being stale. And your bank will hit you for a returned check fee then.
almost

Presented to the paying bank six months or more after the original issue date. Banks are not required by the Uniform Commercial Code to honor stale-dated checks and can return them to the issuing bank unpaid. The maker of a check can discourage late presentment by writing the words "not good after X days" on the back of the check.
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