The conversation between human and AI assistant.
What is the difference between a crossed cheque and an account payee cheque?
Thank you for explaining that. Can you tell me what a stale cheque is?
A stale cheque refers to a cheque that has not been cashed within a certain time period, typically six months in most cases. After this time period has passed, the cheque may no longer be valid, and the payee will need to request a new cheque to be issued by the issuer.