Postdating Checks Is a Waste of Time — Here's Why.

In some states, if a consumer gives the financial institution reasonably timed written notice about a postdated check before the check is received, then the notice is valid for up to six months.

If you make a will you can also make sure you don’t pay more Inheritance Tax than you need to. You can write your will yourself, but you should get advice if your will isn’t straightforward.

If you wrote a postdated check and your bank cashed it after you gave reasonable notice of the postdating, a skilled attorney experienced in banking laws and regulations can advise you of your rights and remedies. If you accepted a postdated check for goods or services and a bank will not accept the check, an attorney may help you recover funds from the person who wrote the check.

If you do not want us to pay a stale-dated or postdated check, you must place a stop payment order on it. So the only way to ensure that a post dated check you may present to someone else will clear once it arrives at the bank it was drawn on, s not to write it unless you can over the full amount. And to ensure a check you deposit will not get.

Well, if you're paying a creditor on an ongoing basis and you issue a postdated check, you could possibly be considered to be passing a fraudulent check. Furthermore, if you've sent a check to a creditor and it's returned for non-sufficient funds, it's vital that you make good on the check as soon as possible to avoid additional (and more serious) penalties.

Postdated definition, to date (a check, invoice, letter, document) with a date later than the actual date. See more.

As you can see, there doesn’t appear to be any major enforcement of a post-dated check, so it can just be treated as a regular check for the most part. So, yes, you can deposit a post-dated.

Banker’s drafts and cheques are deposited in much the same way, but are issued differently. A banker’s draft is prepaid and issued by the bank. A cheque, on the other hand, is not prepaid. Both can be useful in different situations. Only accept cheques from people you know and trust. You can use a cheque to pay someone, or get paid by someone.

A post-dated check is one which has a date after today's, so as not to be able to be cashed immediately. A bank may in some cases pay a post-dated check before the date on the check unless the customer notifies the bank not to pay it. It is not illegal to write a post dated check nor to give it out as long as there is no illegal intent.

A check dated for one or more days after it is written. For example, if one dates a check for January 31st, and it is currently January 25th, it is a postdated check. Theoretically, banks do not honor postdated checks, though many do anyway.

When writing a post dated check, they can still deposit it before the date you wrote on it. This has been addressed before. And, as you can see, some of us have experienced it. Like 2nband posted, see if you can get it in writing that they will actually hold the check.

Use the Write Cheques function: Make the cheque payable to the Vendor you owe the money to. Enter the date for the first instalment. In the bottom section of the cheque, under the Expenses tab, select Accounts Payable.Select the Tax Code and enter the amount you are paying. Tab over to the Customer:Job column and select the Vendor you are paying from the dropdown list.