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Deadline for charging back deposited checks
How long after I receive credit for a deposited check can a bank come back and remove those funds. Is there a time period that after I have reached this, the bank can no longer remove funds from our account for this check?
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 In the perfect world, in which checks are all electronically routed to their paying banks and there are never delays or errors in delivery, either on the way to the paying bank or, in the event a check isn't paid, on the way back to the depositary bank, it might be reasonable to establish a time limit beyond which a charged-back check could not be processed. However, checks do get mis-routed, mishandled and otherwise delayed on their journeys, so even if your bank gives you access to funds you've deposited by check, there is no deadline after which you would not be liable to reimburse the bank if one of those deposited checks is returned unpaid.
To lessen your risk, the paying bank has a very short time period, one business day, in which to return a check unpaid if there are insufficient funds, a stop payment, or other problems with the check, but certain other problems, such as a forged or unsatisfactory endorsement, could rear their heads as long as three years after the fact.
Published on BankingQuestions.com 8/18/08
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