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Under the clearing rules of the Canadian Payments Association, a post-dated cheque cannot be cashed prior to the date written on it.If a Canadian financial institution inadvertently accepts and processes a cheque before the due date, the cheque writer may ask their financial institution to return the amount until the day before the cheque should have been cashed.
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. In some countries writing a post dated cheque may simply be ignored or is illegal. Conversely, an antedated cheque has an issue date in the past. A cheque number was added and cheque books were issued so that cheque ...
The 2024 Canada Post strike was a strike action against Canada Post by the national membership of the Canadian Union of Postal Workers (CUPW). The strike began on November 15, 2024 [1] and suspended on December 17. [2] The strike may start again on May 22, 2025. [3]
Canada Post Corporation (French: Société canadienne des postes, lit. ' Canadian Society of Postage '), trading as Canada Post (French: Postes Canada), is a Canadian Crown corporation that functions as the primary postal operator in Canada.
Post-dated cheque; References. 3 UCC 113 from the Cornell Law Center's online version of the Uniform Commercial Code This page was last edited on 31 May 2019, at 15: ...
The cheque has expired, is cashed before the date on the cheque, or the date on the cheque is erroneous. There is a discrepancy in the amounts written in numbers and the amount in words. The cheque is scribbled or overwritten.
Cheque clearing (or check clearing in American English) or bank clearance is the process of moving cash (or its equivalent) from the bank on which a cheque is drawn to the bank in which it was deposited, usually accompanied by the movement of the cheque to the paying bank, either in the traditional physical paper form or digitally under a cheque truncation system.
Postal orders were a service provided by the Canadian Post Office, and was a method of transferring funds between 1898 and 1 April 1949.. Postal orders have been issued by the Canadian Post Office roughly since confederation (the timeline linked to below, for example, cites the postal money order system as expanding to Manitoba in July 1873).