Post dating a check

20-Mar-2016 22:15

Any check that's properly made out and has your signature is treated as legal tender, and the bank is free to hand over the money to the holder of the check.

There is, however, one situation in which a bank can be held liable if they cash a post-dated check too soon.

If you write a check with a date in the future written on it, so that the check cannot be cashed until the date on the check, then you have written a postdated check.

Unlike a normal check, a postdated check is not necessarily payable on demand.

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 means that you cannot cash the check until 15th February 2011 and until then the check is of no value.

However, a bank has no duty to respect that limit, and may pay the check in advance of its stated date, unless the customer gives notice to the bank of the postdating, describing the check with reasonable certainty.

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Many people post-date checks for everything from car payments to rent, and they think they’re safe because the bank can’t cash the check before the date written on it, right? If you try this ploy you could end up with an overdrawn checking account, an angry payee and a ding to your credit.

Please note: If you send a post dated check in to ,say your mortgage company!! They will send it on to the bank, If it is early..... I WILL be learning this today and will answer here again. A check is a promissory note, and no law is broken if it is presented early.