Is post dating a cheque illegal

In many countries cheques become stale after 90 days from the date of issue Yes.

Even if it does have a later date on it, in the US, banks are not actually required by law not to cash "post-dated" cheques, though…

If you really want to cash a postdated check for the full amount, take it to the bank that issued the check which is where the check writer has a checking account.

However, a rejected payment (or an unexpected withdrawal from your checking account) can cause numerous problems.

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You can try to get those fees reimbursed by the check writer, but collecting from somebody who’s already low on funds can be time-consuming and expensive (possibly requiring you to take legal action). at least) typically pay on postdated checks unless the checking account owner specifically instructed them not to beforehand.Two potential reasons for this include: In most cases, you can deposit or cash a postdated check at any time.Debt collectors may be prohibited from processing a check before the date on the check, but most individuals are free to take postdated checks to the bank immediately.Client can take money from bank on the security of post dated cheques issued by their credit worthy customers. If you do accept post-dated checks, as I do, be wary. i will arrange a personal loan for you without the transfer of salary and without post dated cheques with less interest on 0551682084 or email me on [email protected] be approved in 3 to 4 working days. First and foremost withdraw sufficient amount of funds available in your account through electronic media so that the signed cheques will get bounced for lack of sufficient funds.The bank in this case is certain that they will get the payment of this cheque on the due date from… Writing a post dated check in Pennsylvania is perfectly legal as long as the person to whom you give the check does not submit it for cashing before the date you put on your check. Who will have the courage to fabricate sufficient grounds for a time… Though it is illegal in some states to request someone to write you a (or many) post dated checks to guarantee payment. Unless the cheque itself says otherwise, you should be able to cash it immediately.

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