topic Re: Purging Papers, Found A Check in Community Chat

Purging Papers, Found A Check

occasionalrain — Mon, 23 Apr 2018 18:15:03 GMT

I admit to being remiss in organization. I make notes on envelopes while the notebooks I buy remain unused. Every once in awhile I go through the file cabinets and shread old paperwork. Today was that day and I found an uncashed check from 2008. It doesn't have one of those end dates on it. So, I'm wondering if I can deposit it.

I know I can Google or call the bank. I just thought I'd ask, what's the oldest check you've found and/or cashed?

Re: Purging Papers, Found A Check

chickenbutt — Mon, 23 Apr 2018 18:23:16 GMT

Is it from a company? I'd think that if they are still in business and it doesn't have a 'much cash by' date it would be good.

But heck, I don't know.

I cannot remember a time when I found a lost check years later, but then I cannot remember much anymore. I've found cash and that was always a good thing. No expire on that. heh

Re: Purging Papers, Found A Check

VanSleepy — Mon, 23 Apr 2018 18:24:29 GMT

When my daughter turned 21 we were going to give her all the savings bonds people had given us for her when she was born. In the envelope I found a check from a friend for her. I mailed the check back to the friend, 21 years later, with a note, "You can balance your check book now."

Re: Purging Papers, Found A Check

CelticCrafter — Mon, 23 Apr 2018 18:27:00 GMT

I would call the bank and make sure that you can deposit it or cash it.

You wouldn't want to let it slip through only to have someone else deny it and be charged a fee for it being returned.

Re: Purging Papers, Found A Check

CrazyDaisy — Mon, 23 Apr 2018 18:27:10 GMT

If it is a check from a business, you are probably on your States unclaimed cash registers. Business will typically report and send the funds every year or two. You will need collect the funds from them.

Re: Purging Papers, Found A Check

occasionalrain — Mon, 23 Apr 2018 18:34:47 GMT

@CrazyDaisy wrote:
If it is a check from a business, you are probably on your States unclaimed cash registers. Business will typically report and send the funds every year or two. You will need collect the funds from them.

You're probably right. It is from a business. I should check my state's unclaimed cash site.

Re: Purging Papers, Found A Check

bikerbabe — Mon, 23 Apr 2018 18:36:10 GMT

Most business checks are void after 1-2 years.

Re: Purging Papers, Found A Check

drizzellla — Mon, 23 Apr 2018 18:39:24 GMT

@CrazyDaisy wrote:
If it is a check from a business, you are probably on your States unclaimed cash registers. Business will typically report and send the funds every year or two. You will need collect the funds from them.

I just happened to look at my State's unclaimed money and surprise! my name was the list. I forgot what date the check was from but I think it was about 2012. I wrote to the State on January 12, 2018 to claim the money and tout suite I just got the check about a week ago.

Re: Purging Papers, Found A Check

sunshine45 — Mon, 23 Apr 2018 18:52:50 GMT

i deposited a stale dated check (maybe over a year old.)

the bank charged ME a $20 fee for deposting it and of course it did not go through.

Re: Purging Papers, Found A Check

Lilysmom — Mon, 23 Apr 2018 18:54:40 GMT

@drizzellla, good story🙂! LM

Re: Purging Papers, Found A Check

occasionalrain — Mon, 23 Apr 2018 19:13:21 GMT

@sunshine45 wrote:
i deposited a stale dated check (maybe over a year old.)
the bank charged ME a $20 fee for deposting it and of course it did not go through.

Thank you for the warning.

Re: Purging Papers, Found A Check

chickenbutt — Mon, 23 Apr 2018 19:17:09 GMT

@occasionalrain wrote:
@sunshine45 wrote:
i deposited a stale dated check (maybe over a year old.)
the bank charged ME a $20 fee for deposting it and of course it did not go through.
Thank you for the warning.

Yeah, wow. That would be anger-inducing.

Re: Purging Papers, Found A Check

sunshine45 — Mon, 23 Apr 2018 19:22:36 GMT

yes, it is called a RETURNED DEPOSITED ITEM FEE. you may want to check with your bank and see if your account can be charged that fee. banks can charge up to $35 per returned item.

Re: Purging Papers, Found A Check

Its Me LuLuBelle2 — Mon, 23 Apr 2018 19:24:56 GMT

When my MIL passed away my husband and I had to clean out her home. It became very time consuming as we started finding money in crazy places: underneath area rugs, in tupperware containers, under couch and chair cushions. It was crazy. Every article of clothing had to have their pockets checked, every pocketbook and wallet gone through. By the time we were done we had found over $2,600 she had stashed away in almost every room in the house.

When my day comes, my family is going to be hugely disaapointed!

Re: Purging Papers, Found A Check

sidsmom — Mon, 23 Apr 2018 19:29:36 GMT

@sunshine45 wrote:
yes, it is called a RETURNED DEPOSITED ITEM FEE. you may want to check with your bank and see if your account can be charged that fee. banks can charge up to $35 per returned item.

Also called a ‘Chargeback Fee’, depending on your bank.

Re: Purging Papers, Found A Check

Mz iMac — Mon, 23 Apr 2018 19:34:28 GMT

When I was packing to move 5 yrs ago, I found stuck in my nightstand an envelope w/$200 cash all in $20 bills.

I have no clue where that money came from. Casino winnings go directly in the bank....

House money I stash in a protable safe.....

Paramour asked if I was running a house of ill repute.

Re: Purging Papers, Found A Check

sunshine45 — Mon, 23 Apr 2018 19:36:40 GMT

@sidsmom wrote:
@sunshine45 wrote:
yes, it is called a RETURNED DEPOSITED ITEM FEE. you may want to check with your bank and see if your account can be charged that fee. banks can charge up to $35 per returned item.
Also called a ‘Chargeback Fee’, depending on your bank.

@sidsmom

i usually associate a CHARGEBACK FEE with a credit card. for example, if i charge a person $50 for services then they go and disupute it with their credit card company, the bank charges my business account with a $15 chargeback fee AND removes the charge that initially went through.

Re: Purging Papers, Found A Check

sidsmom — Mon, 23 Apr 2018 19:42:36 GMT

@sunshine45 wrote:
@sidsmom wrote:
@sunshine45 wrote:
yes, it is called a RETURNED DEPOSITED ITEM FEE. you may want to check with your bank and see if your account can be charged that fee. banks can charge up to $35 per returned item.
Also called a ‘Chargeback Fee’, depending on your bank.

@sidsmom

i usually associate a CHARGEBACK FEE with a credit card. for example, if i charge a person $50 for services then they go and disupute it with their credit card company, the bank charges my business account with a $15 chargeback fee AND removes the charge that initially went through.

Several instruments....account, credit card, LOC....

Wiki:

Chargeback is the return of funds to a consumer, initiated by the issuing bank of the instrument used by a consumer to settle a debt. Specifically, it is the reversal of a prior outbound transfer of funds from a consumer's bank account, line of credit, or credit card.

Re: Purging Papers, Found A Check

haddon9 — Mon, 23 Apr 2018 19:43:00 GMT

@bikerbabe wrote:
Most business checks are void after 1-2 years.

This!

I was a teller many years ago (early 80s) and though I can't remember the rules now I know that checks aren't good forever.

Re: Purging Papers, Found A Check

CLHS68 — Mon, 23 Apr 2018 19:47:32 GMT

I worked in a bank that check will not go through. If I remember they are stale dated at 6 months unless the check is marked good for 1 year. In any case that is way 2 old. You would need to return to maker & have a new check issued.