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Yes. Writing a post-date check is perfectly legal anywhere in the world. But, cashing a post dated check is not. A check can be submitted for encashing only on or after the date mentioned on the check has reached. Until the check's date has reached, it is a worthless piece of paper that has no value.
What else can I help you with?
Can you write a post-dated check?
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.
Is it illegal to postdate a check?
It is not illegal to post date a check. Though it is illegal in some states to request someone to write you a (or many) post dated checks to guarantee payment. The check is not legal tender until the date on the check.
What rights do you have when someone cashes a post dated check before the date on the check?
This depends upon laws in your particular jurisdiction, but in most cases, there is no such thing as a "post-dated check" in the eyes of the law. When you write the check, you should be capable of honoring it immediately.
What is the legal line on a check and why is it important to include it?
The legal line on a check is where you write out the amount in words. It is important to include it to prevent fraud and ensure the correct amount is paid.
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.
Can you write a post-dated check?
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.
Is it legal to write a post dated check in Pennsylvania?
No. Writing a post dated check in Pennsylvania is perfectly legal as long as the person to whom you give the check does not submit it for cashing before the date you put on your check. For that matter, it is not illegal to write a post dated check in any country
Is it illegal to postdate a check?
It is not illegal to post date a check. Though it is illegal in some states to request someone to write you a (or many) post dated checks to guarantee payment. The check is not legal tender until the date on the check.
How do you write post dated check?
The same way you'd write a normal check, except in the date field you put a date that's in the future.
What is the law on Post dated checks in Texas?
Post date a check means that you write a check on a day and mention the date of a future day in the check. 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 post dating a check. This means that you cannot cash the check until 15th February 2011 and until then the check is of no value. Post Dated checks are perfectly legal as long as the person who receives the check does not cash it before its due date. Please note: If you send a post dated check in to ,say your mortgage company!! They are NOT going to look at the date! They will send it on to the bank, If it is early..... it will be sent back as non sufficient. This can cause a lot of issues. None of this is answering the question as to what is the law!! I WILL be learning this today and will answer here again.
Are post dated checks followed by banking prodecures?
I cant share about every bank but i know that is a post dated check is presented at the bank i work at we will not honor it. That said, if a post dated check is dropped in the night deposit or ATM machine we really have no choice but to process it. It is technically illegal to write a post dated check.
Meaning of Post-dated check 30 days?
The meaning of post-dated check 30 days means today you write out a check, but you date it 30 days from now. This prevents the person receiving the check from cashing it until the date written on the check.
What rights do you have when someone cashes a post dated check before the date on the check?
This depends upon laws in your particular jurisdiction, but in most cases, there is no such thing as a "post-dated check" in the eyes of the law. When you write the check, you should be capable of honoring it immediately.
Can you write a check on anything, or are there specific limitations on what you can write a check for?
When writing a check, there are limitations on what you can use it for. You can write a check to pay for goods or services, but you cannot write a check for illegal activities or to pay someone for something that is not legal or ethical. Additionally, you cannot write a check if you do not have enough funds in your account to cover the amount.
What is the legal line on a check and why is it important to include it?
The legal line on a check is where you write out the amount in words. It is important to include it to prevent fraud and ensure the correct amount is paid.
Can you write a post dated check in T exas?
Yes, but as soon as the check is deposited, it will be paid. So, make sure you have the funds in the bank to cover it before you send it out.
What if someone write a check for something in your name on a closed account?
Whoever wrote the check is responsible for the amount of the check, penalties, and all legal consequences.
