Asked 6 months ago - New York, NY
FlagI closed my bank account and they sent me a cashiers check. how long is the check good for or valid? It does not have any expiration date printed on the check. Also can I give the check to a relative of mine and tell him to cash it.? (The check is on my name)
I think my colleagues are correct that most checks become stale after 6 months, but the rules that apply to standard checks do not apply to cashier's checks. Cashier's checks do not become stale, but after a period of years, the funds in the bank being held to pay the check, escheats to the state. Each bank handles this differently, and if you plan on holding a cashiers check for an extended period of time, you should notify the bank manager of your former branch. You should also make copies of that cashiers check and keep them in safe places in case the original is lost. If the check starts to become worn, consider having the bank issue a new one.
Don't speak legalese? We define thousands of terms in plain English.
Browse our legal dictionary