What does it mean when a paycheck says void after 60 days?
Is that the experation date?
- Coffee DrinkerLv 71 month agoFavorite 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.
- JudyLv 71 month ago
Yes, After that you'd have to take it to your employer and ask for a replacement
- Anonymous1 month ago
It means you can't cash it after 60 days.
- ScottLv 61 month ago
It means you have 59 days to cash or deposit it.
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- MarkLv 71 month ago
Yep. Cheques are normally valid for 60 days; (sometimes 6 months for non paycheques).
- RickLv 71 month ago
Exactly what it says, it's no good after 60 days ...........
- Russ in NOVALv 71 month ago
Yes. If it is no cashed within 60 days, it is no longer valid.