Hi  Can anyone tell me if the following is true.
 
US  banks by law can recind cheques once cleared within 7 years  and there is no come back on the bank.
 
In other words if you cash a cheque the originating bank of that cheque can during the time up to 7 years reverse that cheque and demand the funds back?
 
I need to know as soon as someone can be kind enough to let me know.
 
Much thanks in advance.
Kind regards,
 
Michael Moore
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