Is postdating a check legal
according to my research if a check is a promise that the it is as good as money, meaning that the receiver of the check can immediately exchanged the check for cash.If the check cannot be exchanged immediately exchanged then the issuer of the check made false representation that fit the definition of fraud.Once someone hands you a signed check, you are legally allowed to deposit that check at anytime.If you do accept post-dated checks, as I do, be wary.
This prevents the person receiving the check from cashing it until the date written on the check. Writing a post-date check is perfectly legal anywhere in the world. A check can be submitted for encashing only on or after the date mentioned on the check has reached.Even if you try to deposit the check in your bank, the bank will reject it. For example I wrote ( 5 ) post dated checks last winter to a company that handles my snow removal of my residence Each check was dated the last day of the month .Starting 1st May 2025, the check is a valid check and is worth the amount mentioned in it. ( November / December / January / February / and March ) That way the company could cash the checks at the end of each month if I went somewhere warmer for the…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.