Yes. You can write a post dated check. It is perfectly legal as long as the person to whom you gave the check doesnt submit it for cashing before the date you put on the check.
Postdated check.
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.
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.
No. It is very well possible that when you cash the check it does not get paid.
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.
Yes, > I've postdated a bank check for security reason.
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.
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.
No. It is very well possible that when you cash the check it does not get paid.
Give me a check with a postdate on it. I won't cash it until then.
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.
Payday loans are available online or through local check cashing and loan stores. You can apply for a loan or write a postdated check for the amount of the loan plus fees, and the lender will provide you with the desired amount of cash.
of Postdate
Types of checks in the Philippines are: Personal Check Certified Check Traveler's Check Crossed Check Anti Dated Check Postdated Check Cancelled Check Rubber or Bouncy Check Stale Check Defective Check Cashier's Check Money Order
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.