Stale Check

Stale Check

A document that is a promise to pay money that is held for too long a period of time before being presented for payment.

A check is considered to be stale when it is outstanding for a period of six months or more. A bank is not obligated to pay a stale check.


Commercial Paper.

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The bank compares checks received for payment against that list each day and identifies checks not on the company's list, checks that exceed a specific dollar amount, or stale checks, i.
An authorized user can report on items such as stale checks (for escheatement), voided or stopped checks, and review bank transmission logs.