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.
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.
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
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.
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.
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.
The same way you'd write a normal check, except in the date field you put a date that's in the future.
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.
No, a check dated in the future is a post dated check. Banks won't knowingly cash a post dated 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.
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.
No.
Yes, you can write "do not cash before" followed by a specific date on a post-dated check. This indicates that the check should not be cashed or deposited until that date. However, it's important to note that this instruction is not legally binding; banks may still process the check before the specified date. To avoid issues, it's best to communicate with the recipient about the intended timing.