Does post dating check mean

After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.Case in point: Before going on an overseas trip, I paid my rent with a post-dated check, because I wasn't sure if there would be funds in my account to cover it before the first of the month.Please register to participate in our discussions with 2 million other members - it's free and quick!Some forums can only be seen by registered members.In order to prevent your check from being paid until the date you wrote on the check, you must give the bank reasonable notice of the postdating by describing the check with reasonable certainty before the bank receives the check.

We’re on your side, even if it means we don’t make a cent.Generally, a bank may cash your check when they receive it, even if your check is paid before the date you wrote on the check.However, in some circumstances if you give the bank reasonable notice, they will be prevented from cashing it until the date on the check.Here is some helpful information about the use of cheques and how they are processed by financial institutions.All cheques must be processed – or cleared and settled – through the payments system. When you deposit a cheque into your account, your bank will send the cheque to the bank of the person who wrote the cheque.That bank makes sure that the cheque is legitimate and there are enough funds in the cheque-writer’s account to cover the cheque, and then sends the funds to your bank.


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