A cheque issued without a date is not a valid instrument. You cannot cash a cheque that doesnt have a date on it.
Every cheque has a date that has to be entered in it that signifies the date from which the cheque is a valid instrument. So, if I were to issue a cheque today that you can encash anytime from now, I will put todays date as the cheque date. However, if I want you to cash it only after Dec, I will put 1st Jan 2014 as the cheque date. This means that, up until 31st Dec 2013, the cheque is worthless and you can cash it to get money only on or after 1st Jan. This is a postdated cheque because the cheque date lies in the future.
A Post Dated Cheque is one in which the cheque date will be after todays date. Let us say I give you a cheque today with date October 15th 2011, then it will be a post dated cheque. The point here is that you cannot cash that cheque before October 15th and it can be cashed only on or after the date written on the cheque.
Three months from the date of cheque
Unless the cheque itself says otherwise, you should be able to cash it immediately.Even if it does have a later date on it, in the US, banks are not actually required by law not to cash "post-dated" cheques, though they generally do try not to. If you post-date a cheque, you should regard it as a polite reminder to the person you make the cheque out to not to cash/deposit it before then, not as an absolute barrier to them doing so.
A cheque issued without a date is not a valid instrument. You cannot cash a cheque that doesnt have a date on it.
Every cheque has a date that has to be entered in it that signifies the date from which the cheque is a valid instrument. So, if I were to issue a cheque today that you can encash anytime from now, I will put todays date as the cheque date. However, if I want you to cash it only after Dec, I will put 1st Jan 2014 as the cheque date. This means that, up until 31st Dec 2013, the cheque is worthless and you can cash it to get money only on or after 1st Jan. This is a postdated cheque because the cheque date lies in the future.
You have six months from the date of cheque to convert a cheque into cash. The date of the cheque is the date shown on the face of the cheque. After six months of time, the cheque becomes a "Stale cheque".If you present the cheque to a paying bank within six month period you can collect the cash in following ways.1. If the cheque's account is a account of paying bank: You can en cash the cheque on same day.2. If the cheque's account is not a account of paying bank: Depending on the clearing speed of the banking system you may get money on same day/ tomorrow/ or day after tomorrow.Please refer related questions to understand the cheque handling process in Banks.
A Post Dated Cheque is one in which the cheque date will be after todays date. Let us say I give you a cheque today with date October 15th 2011, then it will be a post dated cheque. The point here is that you cannot cash that cheque before October 15th and it can be cashed only on or after the date written on the cheque.
Three months from the date of cheque
No. Cheques are good for only one year from the date written on the cheque.
Unless the cheque itself says otherwise, you should be able to cash it immediately.Even if it does have a later date on it, in the US, banks are not actually required by law not to cash "post-dated" cheques, though they generally do try not to. If you post-date a cheque, you should regard it as a polite reminder to the person you make the cheque out to not to cash/deposit it before then, not as an absolute barrier to them doing so.
A cheque can be cashed only on or after the cheque date. Ex: Let us say you issue a cheque to Mr. xyz today (June 2nd 2009) and mark the cheque date as July 1st 2009 (A post dated cheque) Mr. XYZ can deposit this cheque on or after July 1st 2009. If he tries to deposit before that date, the bank would reject it. A cheque is a valid and legal instrument for money transactions only after the cheque date.
In Australia a cash cheque is the closest you can come to cash However a crossed check is definitely not cash.
how bearer cheque posting in cash book
I have been given a cheque made out for CASH am I able to cash it at any bank
you can cash at Money shop, H & T, and cash generator