I paid in an old cheque

aeb_2

I did a search - sorry if my question is a repeat

Today I paid in a cheque for £25 only to find that it was out of date by about three weeks. I rang the issuer who it sending a new one.

My question is when the bank find out it will be stopped/not credited to my account. I assume they will write to tell me - will they charge me? Any idea how much? I am with Barclay's

Many thanks

pinkdalek

It's down to the bank if they honour the cheque or not or also if the drawer has cancelled the cheque in enough time before it is processed.

I doubt the bank would charge you for paying in a cheque that subsequently bounces, the only concern would be if you withdrew funds on it before it cleared after the 6 working day cycle and then it bounced out your account taking you overdrawn.

jonesMUFCforever

Unless the cheque has been stopped it will be paid (if there are sufficent funds there) they won't bother looking at small cheques like this one.

aeb_2

Many thanks for both replies. I'll let you know what happened in a few days time

thenudeone

It's an urban myth that cheques automatically go out of date after 6 months. It depends on the bank and the value - it's not worth rejecting one for a few pounds.

http://www.bba.org.uk/customer/glossary-entry/Out-of-date-cheque

aeb_2

Hi, Well I have heard nothing and it is in my account so I presume it has gone through the system OK

Thanks

bengal-stripe

aeb wrote: »

I rang the issuer who it sending a new one.

aeb wrote: »

Hi, Well I have heard nothing and it is in my account so I presume it has gone through the system OK

Don’t forget to ‘void’ and return the re-issues cheque (presuming you did receive it).
Otherwise inform the issuer, that you do not need the replacement any longer.

aeb_2

Yes, I did that, thanks for the reminder though