Postdating a cheque

Still, she tells Consumerist that the bank in question agreed to remove the overcharge fees incurred as a result of the situation.

Therefore, the practice of issuing or accepting a post-dated cheque is not encouraged.Unfortunately, the fact is that there’s generally no actual obligation to honor the date on a check.Although it might not seem right for a bank or credit union to disregard the date written on a check, they aren’t legally required to honor the request to postpone processing a transaction unless certain conditions are met by the check issuer. recently learned this the hard way when her bank processed a postdated check several weeks before she’d intended. had sent the check to a car dealership to cover the remaining

Therefore, the practice of issuing or accepting a post-dated cheque is not encouraged.

Unfortunately, the fact is that there’s generally no actual obligation to honor the date on a check.

Although it might not seem right for a bank or credit union to disregard the date written on a check, they aren’t legally required to honor the request to postpone processing a transaction unless certain conditions are met by the check issuer. recently learned this the hard way when her bank processed a postdated check several weeks before she’d intended. had sent the check to a car dealership to cover the remaining $1,500 payout resulting from turning in a leased vehicle ahead of schedule.

» MORE: How to write a check “It’s kind of a tricky scenario,” says Matt Foster, founder of the rental property search site i Rent and a landlord in Ventura, California.

He receives checks from some renters on the 28th or 29th of the month that are dated for the first of the next month.

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Therefore, the practice of issuing or accepting a post-dated cheque is not encouraged.Unfortunately, the fact is that there’s generally no actual obligation to honor the date on a check.Although it might not seem right for a bank or credit union to disregard the date written on a check, they aren’t legally required to honor the request to postpone processing a transaction unless certain conditions are met by the check issuer. recently learned this the hard way when her bank processed a postdated check several weeks before she’d intended. had sent the check to a car dealership to cover the remaining $1,500 payout resulting from turning in a leased vehicle ahead of schedule.» MORE: How to write a check “It’s kind of a tricky scenario,” says Matt Foster, founder of the rental property search site i Rent and a landlord in Ventura, California.He receives checks from some renters on the 28th or 29th of the month that are dated for the first of the next month.

,500 payout resulting from turning in a leased vehicle ahead of schedule.» MORE: How to write a check “It’s kind of a tricky scenario,” says Matt Foster, founder of the rental property search site i Rent and a landlord in Ventura, California.He receives checks from some renters on the 28th or 29th of the month that are dated for the first of the next month.

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