Post dating cheques uk 1970 online dating sites in canada
Gnerally client gives this kind of cheque for some kind of gurantee and assurity.
Find out if the check was intentionally postdated, momo hook and figure out a solution. Whether a post-dated cheque may be cashed or deposited before the date written on it depends on the country.
It's perfectly legal, but it's not advisable.
The reason is that creditors and banks may (and often do) simply ignore the date and present the cheques for payment anyway.
In most cases, you can deposit or cash a postdated check at any time. If I accept a post-dated cheque, what happens if the account of the person who gave me the cheque is closed before I pay the cheque in?
Therefore, the practice of issuing or accepting a post-dated cheque is not encouraged.If the account does not have sufficient funds, the check might bounce, and you might have to pay insufficient funds or overdraft fees to your bank.You can try to get those fees reimbursed by the check writer, but collecting from somebody who’s already low on funds can be time-consuming and expensive (possibly requiring you to take legal action). at least) typically pay on postdated checks unless the checking account owner specifically instructed them not to beforehand.Find out if the check was intentionally postdated, and figure out a solution. Most people don’t do this, in part because of the additional fees to monitor the account and prevent payment before the specified date. Because there’s a possibility it won’t clear, you might have better luck depositing those checks.That allows your bank to place a hold on the funds instead of handing over cash immediately.
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Even if your payee is honest, they may make the honest mistake of forgetting (and leaving you with bad check fees).