Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Personal Finance

I've been given a cheque, how long do i have to cash it??



I've been given a cheque, how long do i have to cash it??

Based on your spelling, I believe you are in the UK. The answer may not be the same as in the US. US banks are not required to accept checks they consider too old. 6 months to 1 year is the normal limit if the check does not give a specific date.
There is no limit, unless it says on the check that it is good for a certain length of time after the date on it. "Not valid after 30 days" would mean that you should cash it within that period.

However, you should not keep a check for an extended period of time. The account may be closed by the check maker, or later there may not be enough money in it to cover your check.
Tags
Small Business Renting & Real Estate Personal Finance Investing Insurance
Related information
  • How much does shwans pay?
  • If you found a million pounds would you...?
  • Direct deposit?
  • Paypal refund?
  • What does it mean when my bank account statement (from bank) shows a Debit Balance ? Do I own or owe money ?
  • How do I pay money into my ISA?
  • How do websites earn money? (eg:how do yahoo earn money)?
  • Hi , i need a loan to clear off my debts in india. unfortunately i have bad credit history.?
  •  

    Finance Categories--Copyright/IP Policy--Contact Webmaster