Anonymous
Anonymous asked in Business & FinanceOther - Business & Finance · 2 months ago

What does it mean when a paycheck says void after 60 days?

Is that the experation date?

Update:

Thanks.

7 Answers

Relevance
  • 2 months ago
    Favourite answer

    They put that on the check so that the company can take the liability off their records if you never cash it.

    They have to keep money in the bank to cover that check, and they have to report that check on the list of financial liabilities when they run financial reports. They don't want to have to keep old paychecks on the liability reports forever if someone loses a check, so they give it an expiration date. After 60 days that check is void - meaning you can no longer cash it, and therefore they can take it off their reports.

    Just make sure you deposit or cash the check within 60 days.

    • Commenter avatarLog in to reply to the answers
  • Judy
    Lv 7
    2 months ago

    Yes, After that you'd have to take it to your employer and ask for a replacement

    • Commenter avatarLog in to reply to the answers
  • Anonymous
    2 months ago

    It means you can't cash it after 60 days.

    • Commenter avatarLog in to reply to the answers
  • Scott
    Lv 6
    2 months ago

    It means you have 59 days to cash or deposit it.

    • Commenter avatarLog in to reply to the answers
  • What do you think of the answers? You can sign in to give your opinion on the answer.
  • Mark
    Lv 7
    2 months ago

    Yep.  Cheques are normally valid for 60 days; (sometimes 6 months for non paycheques).

    • Commenter avatarLog in to reply to the answers
  • Rick
    Lv 7
    2 months ago

    Exactly what it says, it's no good after 60 days ...........

    • Commenter avatarLog in to reply to the answers
  • 2 months ago

    Yes.  If it is no cashed within 60 days, it is no longer valid.

    • Commenter avatarLog in to reply to the answers
Still have questions? Get answers by asking now.