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What are stale checks?

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What are stale checks?

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Stale checks are unclaimed disbursements not cashed within six months of the check date. The check itself is void, but the funds are still outstanding as a payable to the payee. The bank automatically cancels these payments and the funds are returned to a university clearing account. If you receive an inquiry about a stale check and you do not respond the payment is not eliminated. If the payment is not due please follow the stop payment process or respond to the staff member stating payment is not due. If the payment is truly unclaimed Cash Control periodically remits payments to the Indiana Attorney General’s Office. If you have a stale check follow the stop payment procedures.

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