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I work in a financial institution and I have been presented a Government of Canada cheque dated after May 1, 2000, printed on the old design. Should I accept it?

April 26, 2017Cheque dated financial institution government May 1 presented printed

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I work in a financial institution and I have been presented a Government of Canada cheque dated after May 1, 2000, printed on the old design. Should I accept it?

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A. Receiver General cheques are never stale dated, as stated in Canadian Payments Association Rule G2, General Rules Pertaining to Government of Canada Paper Instruments. For tips on how to validate a Government of Canada cheque or warrant, look for the two most prominent security features, the watermark and the fibres. You should then refer to Canadian Payments Association Rule G7, Verification and Collection Procedures for Receiver General Warrants.