Post dating cheques illegal uk www dating buyandsell ie
It is illegal to write a cheque knowing that there are no funds in your account to cover it.
The bank will not clear it and will charge you a fee for the service and possibly send you a tersely worded letter explaining the "Conditions of Use" of your cheque account.
The other problem will be finding somebody silly enough to accept a post-dated cheque.
Client can take money from bank on the security of post dated cheques issued by their credit worthy customers.
For that matter, it is not illegal to write a post dated check in any country Yes.
If you do accept post-dated checks, as I do, be wary.
That said, if a post dated check is dropped in the night deposit or ATM machine we really have no choice but to process it.
It is technically illegal to write a post dated check. Though it is illegal in some states to request someone to write you a (or many) post dated checks to guarantee payment.
The point here is that you cannot cash that cheque before October 15th and it can be cashed only on or after the date written on the cheque.
A post-dated cheque is a cheque, on which a future date appears and not a current date.
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The bank in this case is certain that they will get the payment of this cheque on the due date from the customer of the client.