When your list is presented, the default action is Stale Date. When your list is perfect, simply choose the task to change the status to stale and the checks will be updated accordingly.
Of course, for those customers whose check recipients are like me and deposit their checks so fast their bank accounts catch fire, the ability to stale date in the AP Checks activity is still in place for stale dating checks one-by-one.
Effective 2/23/2017, JV, CTI and ISD processing and questions will now be handled in Financial Reporting. Cash Transmittals (CT's) will still be processed in Banking & Accounting and those questions can be sent to [email protected]
7/5/2016: Merchant Services has been transferred to Banking & Accounting Operations.
In some states, a bank will consult with the person who wrote the check if it is presented with a check older than six months.
Certified checks, which are guaranteed by a financial institution, cannot go stale and will be honored at any time.
The activity is available under Finance-AP for SYSMGR roles or by user permission.
Special consideration may be given on a case-by-case basis to granting an extension of the period but, generally, applicants wishing to re-activate a staledated application must reapply to the SCB.They also reflect relevant international practice, and are indicative of the ongoing co-operative efforts between the SCB and the industry.The content of this article is intended to provide a general guide to the subject matter.In plain English, it means that the check has passed its cashing prime. But our new activity will allow counties and districts to stale date a large batch of checks at once – up to 200 at a time!It boggles my mind that there are so many folks out there not cashing their checks that an entire activity needed to be created to handle the stale dating of them!