Postdating a cheque Adult cam 2 cam roulette
“Since we were still short a few hundred dollars, why not cover most of the payout, and send a postdated check for the rest later on,” she tells Consumerist.“[The dealer] would deposit the postdated check as stated, right? And because the bank processed the check before the date she’d written, M.’s account was overdrawn and she was hit with fees by her bank. to provide a postdated check, it also wasn’t illegal for the dealership to deposit the check or for the bank to take out the funds needed to cover that check, regardless of the date.The rules for postdated checks are outlined in Article 3, Section 113 of the Uniform Commercial Code.These checks are frequently used by customers who take out payday loans.Not a written agreement: Just because it's legal doesn't mean things will work out the way you intended: The date that you choose to use is not part of a legally binding agreement between you and the person you wrote the check to.In most cases, the recipient can deposit the check at any time.
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Our advice is that you shouldn’t post-date cheques because it is likely to be against the terms and conditions of your bank account.
Different banks have different policies, but the majority of banks discourage the practice of post-dating cheques.
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Any check or draft that has a future date written upon it by the user.