What Is Stale Cheque?
Answers
Answered by
0
Stale check is a check that is presented to be cashed or deposited at a bank .. A bank may refuse to honor it unless its drawer reconfirms it payment either by inserting a new payment date or by issuing a new check. Also called stale dated check.
Answered by
1
A cheque which a blank will not accept and exchange for money or payment because it was written more than a certain number of months ago.
Similar questions