So, how long a state tax refund check is good for will vary from state to state, but generally it’s 6 months to a year. If you have an expired state tax refund check, you should contact the state and request a new check. Just like with the federal checks, you’re still entitled to what the government owes you. Treasury checks are good for one year after the date on the check. This means that federal tax refund checks are good for one year as those are issued by the U.S.

• Today, we’re here to provide you with all the information you need about stale-dated checks.
• Make sure to cash your federal tax refund check no later than a year from the date it was issued.
• Do personal checks expire more quickly than company-printed checks?
• It’s important to read the fine print as provided by the issuer.
• The only difference is that when issuing a cashier’s check, the bank withdraws the funds from the purchaser and then issues the check on the purchaser’s behalf.
• Instead, stale-dated checks are the same as unclaimed checks and dormant checks.
• Keeping thorough records will go a long way toward ensuring business compliance.

Also, the issuers of checks sometimes note a time limit on their checks’ validity on the face of the check. A certified check is a check verified – or certified – by a bank ensuring that the stated funds are available in the account to cover stale dated checks the check. Though certified checks typically don’t expire, they are often subject to state unclaimed property laws. A business owner must define a clear company policy to outline how his organization handles the stale-dated check.

Cashier’s checks

Specifically, any person who is authorized to draw on an account can ask their bank to flag the account to stop the payment of the outstanding check. A stop-payment order is designed to stop the check from being processed and prevent the withdrawal of funds from the account to pay the check. If the stale check is returned for any reason, then a person’s bank may charge a fee for returning the check to the person.

That said, it’s important to point out that stale dated checks are not the same as voided checks, which will have the word “VOID” written across the face. Instead, stale-dated checks are the same as unclaimed checks and dormant checks. Stale-dated checks refer to expired checks or checks that banks and credit unions will no longer process.

When is a Check Considered Stale Dated?

If you want a basic checking account with no monthly maintenance fee, or an interest-earning checking account, we’ve got the options that are right for you. Remember, each bank has its own policy and can use its own discretion when helping you resolve this matter. If you think you have unclaimed funds that may have been escheated, visit the official Unclaimed Money from the Government database and search for unclaimed money in your state.

A person should know how long they have to cash or deposit the check before it becomes too old. They should act within that time period – to deposit or cash the check. Even if the payee never cashes the stale check, this doesn’t mean that your business receives extra cash.

Ways To Grow the Money in Your Checking Account in March

If he fails to remind his HR employee or any other professional who is in charge of taking the checks to the bank, they become stale-dated checks. It’s always best to contact the issuer before trying to cash a stale or outstanding check. Such a call may be awkward, but it’s better than imposing an overdraft fee on the person or business that wrote it. Do personal checks expire more quickly than company-printed checks? Freezing an account will prevent all outstanding checks from clearing.