Want this question answered?
Postdated check.
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.
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.
No. It is very well possible that when you cash the check it does not get paid.
yes only if have a license to
Yes, > I've postdated a bank check for security reason.
Postdated check.
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.
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.
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.
Yes, they can cash a deposit check before any contract is completed. The purpose of a deposit check is to hold a vehicle for a person while they are waiting on the financing to go through.
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.
No. It is very well possible that when you cash the check it does not get paid.
Endorse, or sign, the check on the back. Put your account number on there and write For Deposit Only.
Give me a check with a postdate on it. I won't cash it until then.
yes only if have a license to
Fine. You can deposit the cheque anytime after the date of issue until the next 6 months to cash it. After 6 months it becomes stale dated/expired and no cash would be given on it.