Postdating a check law luxemburg liefde dating site
a check delivered now with a written date in the future, so that it cannot be cashed until that date.The danger to the recipient is that such a check is legally only a promissory note due at the later date, and if the account is closed or short when the check is presented at the bank, the payee has no rights to demand payment by the bank or claim that the delivery of a bad check was criminal.Our company may receive compensation from partners seen on our website. You may be familiar with this theme: it’s the first day of the month and you need to pay the rent but payday isn’t until the fourth.You can’t bear the thought of bouncing a check and having to endure the indignity of another fee.
In most cases you will know about it before the payee does.You think to yourself, as long as the check doesn’t clear until then, you will be fine, so you postdate the check for the fourth. Postdating a check to a later date is not illegal, but the check recipient is not legally bound to wait until the postdate to cash it.You check your account the next day and find that not only did the landlord deposit your check, but it also cleared your account, triggering another unforgiving overdraft fee. The involved financial institution is not obligated to delay processing it unless the check writer provides a note on the postdate.Stack Exchange network consists of 175 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.Visit Stack Exchange 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 as the check issuer hasn't contacted the bank.