Post dating cheques uk

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If you’re going to write a postdated check (or receive one), here are some things you should know!

When you postdate a check, you put a future date on it.

In most cases, the recipient can deposit the check at any time.Unless you set things up correctly with your bank, the bank is free to pay funds out of your account before the date shown on your check.Ask first: What’s more, a postdated check might not be an acceptable form of payment.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.

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