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When is a check considered paid?

Updated: 9/15/2023
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15y ago

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A cheque is considered paid when the person to whom the cheque was issued deposits it in a bank and receives the cash due against the cheque.

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Q: When is a check considered paid?
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Are postdated checks considered cash?

No. It is very well possible that when you cash the check it does not get paid.


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