Cashier's Check from 1972

Answered by:

Question:

Would a cashier's check from 1972 still be good to cash in?

Answer:

Chances are a check this old has been escheated as unclaimed property. Check the escheatment laws for the state in which the drawee bank is headquartered. The state should also have a claims process for the payee to seek reimbursement.

First published on BankersOnline.com 10/10/11