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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 ...
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.
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 ...
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Many banks will still accept these checks up to the usual 180-day limit without difficulty, as the 90-day warning is often just meant to encourage the check holder to cash or deposit the check as ...
When someone writes you a personal check, you can cash it to get the money. Read to learn more about cashing checks and any potential fees. How To Cash a Check Hassle-Free