Just Found a Bank Cheque in My Drawer from 2015. Can I Still Cash It?

Riczter on 20/10/2022 - 00:00

Spring cleaning and found a bank cheque from 2015 which i must have forgotten to cash at the time. Can I still cash it, or would the bank have returned the funds back to the account holder after a certain amount of time? Or has the bank pocketed the funds hoping I never cash it?

Financial

Comments

  • Hybroid on 20/10/2022 - 00:04
    +1

    When May a Cheque be Dishonoured or Payment Refused?
    At the bank’s discretion, a cheque may be dishonoured or payment refused where:

    • there are insufficient funds in the account of the drawer;
    • the cheque is unsigned;
    • the cheque is more than 15 months old;
    • the cheque is future dated;
    • the cheque has been materially altered and the alteration has not been signed;
    • there is a legal impediment to payment;
    • the cheque has been stopped; or
    • the paying bank has been notified of the mental incapacity, bankruptcy or death of the drawer.

    https://www.anz.com.au/content/dam/anzcomau/documents/pdf/ch…

    Check with your personal bank.

    • jv on 20/10/2022 - 00:10
      +2

      This is a bank cheque though, not a personal cheque…

  • Riczter on 20/10/2022 - 00:06

    Thanks for the info, that seems pretty clear.

    Do you think if I gave ANZ the cheque, they would be able to look use the numbers on the cheque to give me the name of who sent me the money. Then I'd be able to look back through my records and hopefully work out what it was from.

    • jv on 20/10/2022 - 00:08

      look back through my records

      Why don't you look up by date ?

      • Riczter on 20/10/2022 - 00:10

        i did in fact do just that, no invoices for that amount in June. Must have been a non-business transaction

  • AustriaBargain on 20/10/2022 - 00:09

    Who is the cheque from? Some random vendor, a big corporation, your mum? If it's at the bank's discretion then it may matter.

    • jv on 20/10/2022 - 00:10
      +3

      Who is the cheque from?

      a bank

    • Riczter on 20/10/2022 - 00:12

      Doesn't have the payers name, only the bank. Has the bank branch location, which narrows it down a bit. It's likely from a family member, but would be nice to confirm..

      • nfr on 20/10/2022 - 08:29
        +4

        Is the family member Nana?

  • iguana on 20/10/2022 - 00:21
    +3

    What's the value of the cheque?

  • elgrande on 20/10/2022 - 06:59
    +6

    Havent you watched Seinfeld?

  • capslock on 20/10/2022 - 07:20
    +3

    It only takes a few seconds to deposit a cheque these days through your bank app. Why not deposit it and see what happens.

    • nfr on 20/10/2022 - 08:28

      How is it done? You enter the cheque's number or something?

      • elgrande on 20/10/2022 - 08:35
        +12

        Fold it up and put it where the sim card goes

        • Sinnerator on 20/10/2022 - 08:39
          +3

          Instructions not clear, my junk now has 5g.

      • lachhelix on 20/10/2022 - 08:58
        +3

        Usually you take a photo of the front and back of the cheque - so pretty much yes
        (although I prefer @elgrande 's method much better 😂)

  • GordonD on 20/10/2022 - 09:08

    OP, you can't "cash" ANY bank cheque.

    You can deposit it. There may be a more involved payment process because its 7 years old, or they may not even notice that, or care, given that its a cheque drawn on the bank's own account. Unless there's a good reason it will be honoured.

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