Answer Detail: RE: Stale Cheque

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Question: Stale Cheque

Answer: What is meaning of Stale Cheque?

June 06, 2008 13:59:05	#1
snmudhol	Member Since: June 2008 Total Comments: 3
RE: Stale Cheque
If the cheque date is older than the six month to current date that is called Stale Cheque. This is not a valid cheque and banker will not accept. For Ex: Current date 05-Jun-2008 if cheque date is 4-Dec-2007 or before cheque will be stale.