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Post dating a cheque
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Can a bank or credit union cash a post-dated check before

post-date definition: 1. to write a date on a document, especially a cheque, that is later than the date on which you are writing it: 2. to make something such as a payment become effective at a later date: 3. to happen or exist after something: . Learn more.

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Postdate | Define Postdate at Dictionary.com

A post-dated cheque is a cheque issued with a written date in the future or dated after the date of issue. Section 13 (2) of Bills of Exchange Act 1949 (Act 204) A bill is not invalid by reason

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What is the difference between a post-dated cheque and

11/23/2014 · In banking, post-dated cheque is a cheque written by the drawer (payor) for a date in the future. Whether a post-dated cheque may be cashed or deposited before the date written on it depends on

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Post dating cheques uk – 1st Heath Hayes Scout Group

It works as a security in case of non-payment. You are probably thinking that if the cheque is post-dated, then the issuer of the cheque can anytime call the bank and stop payment.

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What Is the Legality of a Postdated Check? | Sapling.com

Post-Dated Payments - Step By Step. What is a Post-Dated Payment?. A Post-Dated Payment is a Payment Transaction with a Paid Date, a payment amount in To Us, and NO Posted Date. This is a formal promise to pay a definite dollar amount on a specific date. It may be a post-dated check or a credit card payment, for instance.

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Post-dated check financial definition of Post-dated check

Could someone please explain to me how to post date cheque's. Example for paying rent each month. Printing up a years worth of cheque's with the date for the first of each month. That is rather easy. You would first create invoices in AP for all 12 months dating them for each month. Then you would

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Post-dated cheque - Howling Pixel

Post-dated Check Defined. A post-dated is a negotiable instrument that allows a party to a contract (for example, a customer or borrower) to indicate to the other party (supplier or lender) its promise to pay at a …

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Postdated - definition of postdated by The Free Dictionary

Define postdated. postdated synonyms, postdated pronunciation, postdated translation, English dictionary definition of postdated. tr.v. post·dat·ed , post·dat·ing , post·dates 1. To put a date on that is later than the actual date. 2. To occur later than; follow in time.

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Post-dated cheque - YouTube

A post-dated check is one which has a date after today's, so as not to be able to be cashed immediately. A bank may in some cases pay a post-dated check before the date on the check unless the customer notifies the bank not to pay it.

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What is a post-dated cheque? Can I deposit or cash a post

As noted in another question, banks have different policies regarding post-dated checks before the post-date, although it seems most will accept the check as long …

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What is post-dating a cheque - finance.answers.com

Post dating a cheque is actually a practice which should be avoided as much as possible. It is the process where you issue a cheque to somebody with the date being a future da … te.

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Postdated check legal definition of postdated check

Post dating a cheque is actually a practice which should be avoided as much as possible. It is the process where you issue a cheque to somebody with the date being a future date.

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Post Dated Check Law and Legal Definition | USLegal, Inc.

I wonder with post dated checks if "time of issue" is the date you put on the check or the date you give someone the check. If it's the date you give them the check, then I imagine a lot of people would fall foul of that law, as I doubt they all have 12xmonthly rent in their account.

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Postdating - definition of postdating by The Free Dictionary

post·date (pōst-dāt′, pōst′-) tr.v. post·dat·ed, post·dat·ing, post·dates 1. To put a date on (a check, for example) that is later than the actual date. 2. To occur later than; follow in time. postdate (pəʊstˈdeɪt) vb (tr) 1. to write a future date on (a document), as on a cheque …

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The Myths and Reality of Post Dated Checks - Covering Credit

In banking, a post-dated cheque is a cheque written by the drawer (payer) for a date in the future. Whether a post-dated cheque may be cashed or deposited before the …

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Will A Bank Cash A Pre-Dated Check? : personalfinance

Postdate definition is - to date with a date later than that of execution. How to use postdate in a sentence. to date with a date later than that of execution; to assign (an event) to a date subsequent to that of actual occurrence; to follow in time…

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Post dated cheques - Sage 50 CA Accounts Payable

3/6/2018 · In the United Kingdom, post-dating a cheque carries no legal weight and so such a cheque can be cashed before the due date. However, a bank may refuse to honour a cheque if the post-date is noticed; otherwise, the payer has no right to take any form of legal action against the bank for letting the cheque be processed.

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post dating check am i guilty of sexual harassment quiz

A cheque that has an issue date in the future, a post-dated cheque, may not be able to be presented until that date has passed, writing a post dated cheque may simply be ignored or is illegal in some countries. Conversely, an antedated cheque has an issue date in the past.

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Post dating cheques illegal | Stoneys Rockin Country

When a check is post-dated (dated ahead), if payed before the date mentioned, the money can be recovered. When post-dated checks fall due on Sunday or a legal holiday they should be presented on the day following. Reggie a week ago had mentioned the drawing of …

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What Happens When You Deposit a Post-Dated Check Early?

Hi there: You just prepare the cheque as usual, but for the date put in the future date that the cheque will be for and post under that future date. This can only be done if the future date is not past the fiscal year end date. If it is, then you should not roll forward your fiscal year just to prepare a post-dated cheque. That would be a No No.

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Postdate | Definition of Postdate by Merriam-Webster

Post-dated check. A check that becomes payable and negotiable on a future date specified. Post-Dated Check. A check dated for one or more days after it is written. For example, if one dates a check for January 31st, and it is currently January 25th, it is a postdated check. Theoretically, banks do not honor postdated checks, though many do anyway.

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Post-dated cheque - Wikipedia

It means, issuing a cheque that has a date that is past today's date. Let us say you issue a cheque today, May 28th 2009 and mark the cheque date as June 10th 2009, it means you have issued a post

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Post-Dated Payments - Step By Step - Collect! Help

Post-dated cheque's wiki: In banking, post-dated cheque is a cheque written by the drawer (payer) [2] for a date in the future. Whether a post-dated cheque may be cashed or deposited before the date written on it depends on the country.

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banking - How do banks handle post-dated checks deposited

Post date that a customer cannot issue one or a post dated cheque to cover the u. Is a sensible time period. Location: cheque to defraud a computer system. Type my essay online is nothing wrong with writing a computer system. Collecting post office rendered the status of post office rendered the u.

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Differentiate between post and pre dated cheque? | Yahoo

A postdated check is a check with a future date written on it. For example, assume that today is January 1 st and you’re writing a check. In general, you’d put the current date (January 1 st) on the check.But you could just as easily write next week’s date on the check and say you wrote it January 8 th.In other words, you could postdate the check.

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Post-dated Cheque - Can A Bank Cash A Post Dated Check

4/4/2007 · A post dated cheque means a cheque issued with some date after the date of issuing the cheque i.e. if you issue a cheque in my favour today on 4.4.07 with a date say 25.04.07, it will be a post dated cheque which can be encashed only on 25.04.07.