how long should i keep funds

junkone wrote: ↑I issued a check to someone and they have not deposited it in 2 months now. how long should I keep the funds in the a/c as I am afraid that I might accidently use it and get stuck with a bounced check.

Can you contact them and ask they why they haven't deposited the check?

Or just cancel the check and wait for them to call you :P

it cost me money to cancel the check. I owe this person 200$ and don't want to spend more money than necessary. this person's phone # is not working anymore.

Cheques are usually considered stale dated after 6 months. But some banks may still cash it. If you can't contact the person I would leave it for 6 months and then cancel the cheque of your that concerned. Then it's up to the person to contact you. It only costs about $5 to cancel a cheque (depending on your bank)

junkone wrote: ↑I issued a check to someone and they have not deposited it in 2 months now. how long should I keep the funds in the a/c as I am afraid that I might accidently use it and get stuck with a bounced check.

At least 6. Then close your account and open a Tangerine with free daily overdraft.