What does post dating a check mean tall dating sites uk
It's actually illegal to write a check if you do not have the funds to cover it. apparently you can call your bank and put them on notice: Concerning your bank paying a postdated check before its time, UCC Subsection 4-401 states that "a bank may honor an otherwise properly payable postdated check before its date unless the customer has given the bank reasonable notice of the postdating." The notice of postdating is simply a means by which you can place the bank on formal notice that you've written a postdated check, and it orders the bank not to pay the check before the date written thereon.
If, after reasonable notification, the bank makes payment before the pay date on the check, it could be held liable for losses occurring due to its actions. The bank is not legally responsible to hold your check until then (at least in this state).
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According to the code, a personal check becomes "stale dated" six months after you write it.
Banks don't have to dishonor stale dated checks, but the Uniform Commercial Code gives a bank the option of refusing these checks.
a post-dated cheque presented for payment before the date appearing thereon, the cheque will be returned marked post-dated or the bank will hold on to the cheque until it is able to be cashed in.
The lies in the banker paying a post-dated cheque and subsequently dishonouring another cheque which ought to have been paid but had to be returned due to lack of funds.