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This is most likely due to "mobile banking". I have heard of this issue a couple of times.
Seems like the banks have an oversight in this area of security!!
Here's a personal experience.
I have a client/personal friend who paid to attend a PCA banquet in 2011. He subsequently had to cancel attendance.
The PCA region issued a $100.00 refund check in 2011 and he took a pic. and deposited "mobile".
He went through an ugly divorce 2011/2012 and short saled a home, moved etc.
2015 he opened a random box from the move and found an "old check". Took a pic. and deposited to his bank. (Chase). They submitted a 4 year old check and the PCA account paid out on it!! WTF!?
The only reason I am privy to all of this is that A) he's a personal client/friend and B) I happen to be part of that PCA board.
The PCA board contacted our bank and they basically said "not our problem, the check cleared" WHAT!!?? Did they not realize it was 4 years old?!
I was asked to reach out to my client and ask if he could please "refund" the already paid amount. ($100.00) in this case.
This seems like a major weak spot for modern "mobile" banking. All parties (including PCA CPA and Bank branches) were 'confused' about how the same [uncancled] check could be submitted 4 years apart.
Pretty lame if you ask me.
Most Payroll checks have a "Void after 60 days"
Further, I am a small business owner and have gotten grief over "un dated" or "illegible" or " not exact business name" type check deposits when handling transactions IN Person at my branch.
Kind of sad...
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