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Question of the Week

Posted: Sep 2, 2021 | Author: Cornerstone Compliance Team
compliance  traveler's checks 

Question: Do travelers checks ever expire?

Answer: Generally, no. 

Although, they are becoming less commonplace due to other forms of payment such as debit cards, tap-to-pay, and web apps, you may still see these come in for deposit from time to time. Unless there is a stale date somewhere on the travelers check, you can presume it is still valid. If you have concerns it is not valid, you can always place an appropriate Reg CC hold.

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