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yes it can be deposited since checks can be posted before their maturity date
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∙ 12y ago
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What is a check called with a future date?
Postdated check.
How do you make postdated check in bpi bank?
To make a postdated check in BPI, it is important to know the date in which it is supposed to clear. Having the date of a cheque many days after the day it is written will render it post-dated.
What is postdated cheque?
It's a check that's dated after the date it was written. Banks used to not honor checks before the date that was written on them, so people would send a check dated after payday to pay the gas bill or something. These days, if a check shows up at the bank they'll process it no matter what the date is on it...so don't write any more postdated checks.
If the date on a personal check is later than todays date can you still cash it?
Postdated check is a check that has a future date on it and not the current date. i.e., let's say I give you a check today 22 January 2011 and write the check date as 15 February 2011. This is postdating a check. This means that you cannot cash the check until 15th February 2011 and until then the check is of no value. So, you need to wait until the check date to cash it.
An Italian company has a postdated English check in hand can he cash in before time?
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.
What is a check called with a future date?
Postdated check.
How do you make postdated check in bpi?
To make a postdated check in BPI, it is important to know the date in which it is supposed to clear. Having the date of a cheque many days after the day it is written will render it post-dated.
How do you make postdated check in bpi bank?
To make a postdated check in BPI, it is important to know the date in which it is supposed to clear. Having the date of a cheque many days after the day it is written will render it post-dated.
What is postdated cheque?
It's a check that's dated after the date it was written. Banks used to not honor checks before the date that was written on them, so people would send a check dated after payday to pay the gas bill or something. These days, if a check shows up at the bank they'll process it no matter what the date is on it...so don't write any more postdated checks.
How long does it take for a postdated check to clear?
The same length of time it takes for any other check to clear. Banks are not actually obligated by law (in the US) to pay any special attention to postdated checks, unless they have been specifically notified of them. If they have been notified, they are supposed to treat them as invalid if presented before the date on the check.
If the date on a personal check is later than todays date can you still cash it?
Postdated check is a check that has a future date on it and not the current date. i.e., let's say I give you a check today 22 January 2011 and write the check date as 15 February 2011. This is postdating a check. This means that you cannot cash the check until 15th February 2011 and until then the check is of no value. So, you need to wait until the check date to cash it.
What are words with the prefix post?
Postpone, postdated, postpartum and postprandial have the prefix post-.
How long does a bank have to cash a check?
A check is valid for 6 months from the date of issue. If it is deposited within 6 months from the date of issue the bank has the obligation to cash it (As long as the check issuer maintains sufficient balance in his account)
An Italian company has a postdated English check in hand can he cash in before time?
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.
What is UCC ruling on postdated checks?
Ucc 4-401 says you must give the bank written notice. If you do, the bank cant pay the check till that date. If they still do and you get nsf they owe you. If no notice then nsf, ur sol.
What is an antedated check?
An antedated check is a check that is dated before the date on which it was actually written. In other words, it is a check on which the written date is earlier than the date on which it was actually written.
Is it okay for a bank to cash a postdated check early?
In the United States, a bank may reserve the right to cash a check regardless of the date. Other countries may have their own laws on the matter. In India - a check cannot be cashed until the date mentioned on the check. If you have gotten a post dated check for let us say Jan 10 2011 (today being dec 29 2010) the bank cannot cash it until the 10th of Jan 2011.
