You may have different sorts of checks lying around in your purse or your house, and you may not have used them in many years. After some years, you may wonder whether or not the check that is in your place for many years is valid now or not? This query is asked many times, and many people have to go all the way to their banks to confirm this. So in this article, we will let you know about answering this query.
Overall, when you have a check, you should always see whether the check has an expiry date listed down or not. If an expiry date is given on the check, you can use it before the date has come or is proceeding. However, if there is no expiry date written on the check, then this means that you will have to visit the bank and hope that they do not treat it as an expired check.
When the check has been present for a long time, the banks probably see them as expired if they are not used within six months. Therefore, the citizens are advised to get their checks cashes as soon as possible to avoid such a problem. Consequently, the check holder can request the bank to provide them with a replacement check which is simply the same check but with a new expiration date so that it is cashed within the stipulated time aptly.
Do Unused Checks Expire?
Yes, unused checks expire after six months. For example, all personal, payroll, and business checks are suitable for 180 days. However, if you have a business check where is printed “void after 90 days”, in that case, check expiration time is 90 days.
Many times, you may have received a check which may have a date written on it. For example, it can be the date of expiration. However, the words expiry date cannot be written very directly, and therefore many people do not look for any other dates mentioned on the check. However, you must understand that many checks have written specific words such as “Void By.” This void states that the check is valid till so and so date and will be expired after this date has passed. Therefore, you should look at such dates very clearly. However, whether or not the date will be considered as an expiry date or whether or not the check will be expired or not is the pending decision of the banks and the one who is cashing them. Therefore, they may have to check with their administrators and then decide whether or not the check will be used or not.
The policies of several banks are different and can be varied however;, most banks will treat the check that has not been cashed in six months as an old one and will be expired to them.
How to cash a check with an expired ID?
To cash a check with an expired ID, you can use an ATM in your bank. In that case, your money will be in your bank account in a few hours, and you can withdraw cash from an ATM. But, of course, you can always cash a check using another picture ID (instead expired identity card ID) such as a driver’s license, passport, etc.
If your bank has an ATM that can be used to cash a check, it is an excellent way to deposit money in your account using a few days’ expired checks. But, again, you will need only your bank debit card.
You need to know that banks accept several photo IDs as proof of identity, such as passports, driving licenses, identity cards, etc.
How to Reissue a Check?
To reassure a check that has been expired, you need to ask the bank to reissue a new paper check through the bank’s online bill pay system, or you can visit a local bank branch in your neighborhood and ask for help from a banks teller. In another way, you can send an email to the Issuer and ask for a new check.
A check can be replaced if the bank is willing to do so. You can request the bank teller to return the check and provide a new one with a new date. This extends the deadline, and then you are likely to avail of the given check within the stipulated time. You can make the request online, or you can visit the bank personally to make a request.
Letter format for reissue of the expired check
If you want to create a Letter Requesting Re-issue (Replacement of Expired Cheque), then please download the template in Ms. Word format below:
Letter format for reissue of the expired check
Key takeaways
This article has learned that checks come with an expiry date and must be utilized before that to avoid confusion. It would help if you looked at the “void by” date when looking at the check-in order to understand that the check is expired. Furthermore, the banks can also view the check as passed if they are not used within six months. In addition, it is up to the banks’ policies and discretion at the end whether they will treat the check as expired or not.
