4.  Stale-Dated Cheques and Stop Payments

You should be alert to the fact that a stale-dated cheque can actually still clear your bank account. Even when you have asked your savings institution to stop payment on a particular cheque, there is a risk that the cheque will clear your account. This is because your savings institution may decide to honour the cheque despite its age, often requiring the law firm to identify a problem very quickly. If you have a stale-dated cheque that you wish to cancel and re-issue, it is best to read your account agreement carefully.


Bank drafts, money orders, certified items and government cheques are never stale-dated.