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A postdated check is a check that’s written with a future date. For example, say you write out a check to pay your rent on the 28th of the month . However, your property owner gives you up to ...
If the check you are trying to cash is post-dated, meaning it has been made out to be cashed or deposited on a future date, the bank may deny cashing it. In this case, you would have to wait for ...
When writing out paper checks, there are several key pieces of information to include. Along with the payee's name and amount, you'll also need to add the date the check was written. If you'd like ...
Post-dated cheques are common and enforceable. [9] In 1998, the Supreme Court ruled that a post-dated cheque is a bill of exchange and does not become payable on demand until the date written on the cheque A "post- dated cheque" is only a bill of exchange when it is written or drawn, it becomes a "cheque" when it is payable on demand.
Payroll, business, and personal checks all have a life expectancy of 180 days, or six months, from the date written on the check. After six months the check technically becomes “stale-dated”.
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