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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.
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 ...
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 ...
The date on the check is correct. It’s important to know that banks are allowed to process post-dated checks before the date on the check, so be sure you have sufficient funds in the account ...
Check is the original spelling in the English language. [4] [5] The newer spelling, ... a post-dated cheque, may not be able to be presented until that date has ...
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: ...
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 ...
Post-dated cheque; From a modification: This is a redirect from a modification of the target's title or a closely related title. For example, the words may be ...