64 Treasury Checks Nearing 1-Year Expiration; Finance Ministry Urges Application for Replacement and Cashing
The National Treasury Administration reminds the public that 64 treasury checks are approaching their 1-year expiration date. Payees are urged to apply for replacements and cash them to protect their rights.
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- 📰 Published: April 16, 2026 at 18:42
- 🔍 Collected: April 16, 2026 at 19:02 (19 min after Published)
- 🤖 AI Analyzed: April 19, 2026 at 02:55 (55h 53m after Collected)
Central News Agency
(CNA Reporter Lu Yen-tzu, Taipei, 16th) The National Treasury Administration of the Ministry of Finance stated today that according to statistics, as of the end of December last year, there are 64 treasury checks across Taiwan whose issue dates are approaching one year. Since current regulations stipulate that checks older than one year must be applied for replacement and cannot be directly cashed by the handling bank, payees or check holders are reminded to cash them within the time limit to protect their rights.
Luo Hsing-jung, Chief Secretary of the National Treasury Administration, stated at a regular press conference today that according to regulations, the handling bank cannot cash a treasury check if it is more than one year past its issue date. Payees need to fill out a "Treasury Check Replacement Application Form" and attach the original check and a copy of their ID to apply for a replacement before they can cash it at the bank. However, if a check is not cashed within five years of its issue date, the funds will be directly returned to the national treasury.
Luo explained that after the funds are returned to the treasury, if the payee's or holder's right to claim has not extinguished or interrupted, or if they request a return based on other legal regulations, they can directly contact the original issuing agency. The National Treasury Administration will then process the fund disbursement based on the agency's application, ensuring the payee's rights are not affected.
To remind the public to protect their rights, the National Treasury Administration issues reminders to payees or holders to cash their treasury checks when the issue date is approaching one year and five years, respectively. According to statistics, as of the end of December last year, there were 64 checks approaching the one-year mark. Additionally, as of the end of September last year, there were 47 checks approaching the five-year mark.
Officials explained that common reasons for uncashed checks include small face values, multiple payees on a single check, or the payee losing contact. The public is reminded to promptly cash any treasury checks that are less than a year old at the handling bank so their rights do not lapse.
In recent years, the National Treasury Administration has also actively promoted interbank wire transfer services, providing the public with safe and convenient fund payment services. This has caused the volume of treasury check issuance to decline year by year. Statistics show that in 2016, there were still 53,100 checks issued, accounting for about 3.03% of total treasury payments, while by 2025, this had dropped to 22,300 checks, accounting for about 1.04%. (Editor: Yang Kai-hsiang) 1150416
(CNA Reporter Lu Yen-tzu, Taipei, 16th) The National Treasury Administration of the Ministry of Finance stated today that according to statistics, as of the end of December last year, there are 64 treasury checks across Taiwan whose issue dates are approaching one year. Since current regulations stipulate that checks older than one year must be applied for replacement and cannot be directly cashed by the handling bank, payees or check holders are reminded to cash them within the time limit to protect their rights.
Luo Hsing-jung, Chief Secretary of the National Treasury Administration, stated at a regular press conference today that according to regulations, the handling bank cannot cash a treasury check if it is more than one year past its issue date. Payees need to fill out a "Treasury Check Replacement Application Form" and attach the original check and a copy of their ID to apply for a replacement before they can cash it at the bank. However, if a check is not cashed within five years of its issue date, the funds will be directly returned to the national treasury.
Luo explained that after the funds are returned to the treasury, if the payee's or holder's right to claim has not extinguished or interrupted, or if they request a return based on other legal regulations, they can directly contact the original issuing agency. The National Treasury Administration will then process the fund disbursement based on the agency's application, ensuring the payee's rights are not affected.
To remind the public to protect their rights, the National Treasury Administration issues reminders to payees or holders to cash their treasury checks when the issue date is approaching one year and five years, respectively. According to statistics, as of the end of December last year, there were 64 checks approaching the one-year mark. Additionally, as of the end of September last year, there were 47 checks approaching the five-year mark.
Officials explained that common reasons for uncashed checks include small face values, multiple payees on a single check, or the payee losing contact. The public is reminded to promptly cash any treasury checks that are less than a year old at the handling bank so their rights do not lapse.
In recent years, the National Treasury Administration has also actively promoted interbank wire transfer services, providing the public with safe and convenient fund payment services. This has caused the volume of treasury check issuance to decline year by year. Statistics show that in 2016, there were still 53,100 checks issued, accounting for about 3.03% of total treasury payments, while by 2025, this had dropped to 22,300 checks, accounting for about 1.04%. (Editor: Yang Kai-hsiang) 1150416