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expired dividend cheques
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Gordon Gekko
#11 Posted : Friday, August 12, 2011 10:38:45 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Apple Bees wrote:
Gordon Gekko wrote:
Cheques truncation deferred till 30th August. Just bank the expired cheque - the receiving bank will not reject it.


There was a time my bank rejected an expired cheque.


It is not the duty of your bank to reject any instrument, unless it clearly said on the face of it that it is valid for a specified time. It is only the bank that issued the cheque that can reject the cheque.
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Impunity
#12 Posted : Friday, August 12, 2011 11:27:59 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
luxel wrote:
Don't forget cheque truncation is effective from monday as you pick the replacement, otherwise you might be forced to go for a replacemenet of the replaced cheque.



Laughing out loudly
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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m water
#13 Posted : Friday, August 12, 2011 4:50:10 PM
Rank: Member

Joined: 4/2/2009
Posts: 87
apparently Postbank stopped cashing the cheques 2 weeks ago. sunk?
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kayhara
#14 Posted : Thursday, May 26, 2016 2:38:18 PM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
Just got my Kengen dividend cheque from the post, I had not checked since last year, the due date was 11 Feb 2016, is it stale? How long are cheques valid in kenya? 3 or 6 months
To Each His Own
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Othelo
#15 Posted : Thursday, May 26, 2016 2:47:49 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
kayhara wrote:
Just got my Kengen dividend cheque from the post, I had not checked since last year, the due date was 11 Feb 2016, is it stale? How long are cheques valid in kenya? 3 or 6 months

6 months, that cheque is still good. it is normally written somewhere on the cheque that valid for 6 months from date of issue!!! bank it mara hiyo hiyo!!!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Swenani
#16 Posted : Thursday, May 26, 2016 3:57:36 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
kayhara wrote:
Just got my Kengen dividend cheque from the post, I had not checked since last year, the due date was 11 Feb 2016, is it stale? How long are cheques valid in kenya? 3 or 6 months


When was it drawn?
If Obiero did it, Who Am I?
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kayhara
#17 Posted : Thursday, May 26, 2016 4:06:40 PM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
Swenani wrote:
kayhara wrote:
Just got my Kengen dividend cheque from the post, I had not checked since last year, the due date was 11 Feb 2016, is it stale? How long are cheques valid in kenya? 3 or 6 months


When was it drawn?

11th February 2016
To Each His Own
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Plimsoul
#18 Posted : Thursday, May 26, 2016 4:16:34 PM
Rank: Member

Joined: 3/3/2016
Posts: 132
kayhara wrote:
Swenani wrote:
kayhara wrote:
Just got my Kengen dividend cheque from the post, I had not checked since last year, the due date was 11 Feb 2016, is it stale? How long are cheques valid in kenya? 3 or 6 months


When was it drawn?

11th February 2016


My last dividend cheque was valid for 12 months. I've heard of some that expire after 6 months.

Yours is definitely still good.
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Othelo
#19 Posted : Thursday, May 26, 2016 4:17:13 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
kayhara wrote:
Swenani wrote:
kayhara wrote:
Just got my Kengen dividend cheque from the post, I had not checked since last year, the due date was 11 Feb 2016, is it stale? How long are cheques valid in kenya? 3 or 6 months


When was it drawn?

11th February 2016

The cheque is okay yawa!!!!!!!!!!!!!!!!!!!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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enyands
#20 Posted : Friday, May 27, 2016 7:02:07 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Swenani wrote:
kayhara wrote:
Just got my Kengen dividend cheque from the post, I had not checked since last year, the due date was 11 Feb 2016, is it stale? How long are cheques valid in kenya? 3 or 6 months


When was it drawn?



@swenani didn't we have a thread for "WHY CHAMAS DONT WORK?" hebu Saidia mimi . It has just disappeared mysteriously
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