married dating in warroad minnesota - Dating cheques

It is an agreement but banks do want to catch it and not process it.

If a post dated cheque does clear early, they can reverse it back as it was their mistake.

In the United Kingdom, postdating a cheque carries no legal weight and so such a cheque can be cashed before the due date.

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Curious as to what happens when I defy the concept of post-dating, I checked with banks to their rules on the matter. However, I do expect to have those funds by the date written on the check.

When you post-date a check, you put a future date on the check with the idea that the recipient does not deposit it until that written date. So, I post-date the check so that the check recipient knows not to deposit that check until that date.

Then, I spoke with a friend who happens to be a Chase banker, who generalized what a teller would do if a customer came in to deposit or cash a post-dated check before the date shown.

Additionally, at the bank’s discretion, there could be a hold on the funds until the check clears.

If you wanted to avoid it, you should stress it to the person that receives the check, or just give the check to them when you actually have the money in your account.” Upon further investigation, I found a clause in the Wells Fargo consumer account agreement (page 23) that states: So, Wells Fargo may actually try to process the check, regardless of the date that is written on the check.

Essentially, I don’t see any point in post-dating a check — it is valid from the moment that I sign it.

This does not make sense to me because cheques stale-date (i.e.

become void) 6 months after their face-date, therefore they DO check the date. Can you deposit cheques post-dated before their face-date? I've had an instance where the bank did cash it (TD).

A Canadian bank, for example, is not supposed to process a post-dated cheque and if it does so by mistake, the cheque writer may ask his or her bank to correct the error.

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