A check dated for one or more days after it is written. For example, if one dates a check for uary 31st, and it is currently uary 25, it is a postdated check. eoretically, banks do not honor postdated checks, ough many do anyway. Farlex Financial Dictionary. Farlex, Inc. All Rights Reserved. Post-dated cheque In banking, postdated refers to cheques which have been written by e drawer for a date in e future. In e United States, postdated items are described in Article 3, Section 113 of e Uniform Commercial Code. It means, issuing a cheque at has a date at is past today's date. Let us say you issue a cheque today, 28 2009 and k e cheque date as e 2009, it means you have issued a post. Post-dated cheque In banking, postdated refers to cheques which have been written by e drawer for a date in e future. In e United States, postdated items are described in Article 3, Section 113 of e Uniform Commercial Code. Postdated checks are often used in con ction wi payday loans. 16, · Post Dated Cheque: It is a cheque on which e date mentioned is of a future date. For example, if I (drawer) issue you (payee) a cheque today i.e. 19/09/ but I write 13/02/ as e date on e same cheque en e same cheque will be called a post dated cheque. 03, · Because ey might not always have enough money in eir accounts on e day ey write ose checks, some folks will postdate eir checks so at ey aren’t deposited or cashed . 19, 2006 · Post dated is e opposite, i.e if today is 01/01/01 e post sated cheque might read 05/01/01. You cannot deposit a post dated cheque until at date. An easy way of remembering is to ink of time: PM means POST meridian - AFTERnoon. So e date on e post dated cheque . A post-dated check (or post-dated cheque) is a check written wi a future date. In o er words, e date at appears on e check is after e date when e check was written. Even wi a future date appearing on e check, e check could clear (be paid from) e bank account prior to at date. Post-dating a check makes sense only if you are certain at e payee will not cash or deposit e check . Apr 13, · Post-dated cheque as e name implies is a cheque at carries a later date. It is a cheque issued at any point in time by e drawer but contains a future date, i.e. e paying bank will accept e cheque for honour or encashment if it is presented after passing or arrival of . post-dated cheque meaning, definition, what is post-dated cheque: a cheque on which you write a date at : Learn more. 26, · e only reason post-dating a check ever works (and I’m about to ruin is) is because people ink checks are invalid if ey’re dated in e future. Because people ink e checks won’t. A post-dated cheque is a cheque issued wi a written date in e future or dated after e date of issue. Section 13 (2) of Bills of Exchange Act 1949 (Act 204) A bill is not invalid by reason only at it is ante-dated or post-dated. 05, · A post cheque bears a future date. For example, if e drawer writes out a cheque on say 6 of and puts a date, say, on e cheque and hands it over to e payee, such a cheque is called a post-dated cheque. A cheque has a life of ree mon s. After at date, e . 19, · A postdated check is a check wi a future date written on it. For example, assume at today is uary 1, and you’re writing a check. In general, you’d put e current date of uary 1 on e check. But you could just as easily postdate it a week and write uary 8 on e check. postdated check n. a check delivered now wi a written date in e future, so at it cannot be cashed until at date. e danger to e recipient is at such a check is legally only a promissory note due at e later date, and if e account is closed or short when e check is presented at e bank, e payee has no rights to demand payment by e bank or claim at e delivery of a bad check was criminal. 2 days ago · adjective [usually ADJECTIVE noun] On a post-dated cheque, e date is a later one an e date when e cheque was actually written. You write a post-dated cheque to allow a period of time before e money is taken from your account. COBUILD Advanced English Dictionary. Apr 20, · Post Date: e mon, day and year when a credit card issuer processes a credit card transaction and adds it to e cardholder’s account balance. e post date is . Feb 28, 2007 · it means dont date e check into e future like writing a check today and en putting april 1st in e date because at means at e funds cant be drawn until april 1st. so you can put e date ere but put a current date and im sure if you leave it blank ey'll fill it in wi e day ey get e check. 04, · Anti Dated Cheque. Cheque bearing e date earlier an e date of presentation for payment is known as anti dated cheque. Note: All Types of Cheque are valid for ree mon from e date of issue (or written on cheque). Post Dated Cheque. Cheque bearing e date which is yet to come in future is called Post Dated Cheque. A post-dated cheque is a cheque, on which a future date appears and not a current date. For example, if today is 01/01/, en a cheque which bears a date (say) 15/01/ is a post-dated. I gave my landlord some post-dated cheques for rent spanning e next 6 mon s and wasn't given any receipts. It was explained at ey don't give out receipts until e cheque has been processed/cleared now. is means I'll get a receipt each mon. Post-Dated Cheque: When a cheque is drawn containing a future date, it is called post-dated cheque. In such cases, money will not be payable by e bank before at date. Ante-dated Cheque: A cheque containing a prior date, is called an ante-dated cheque. Bank honours cheques until ree mon s to e date . 17, · When you post-date a check, you put a future date on e check wi e idea at e recipient does not deposit it until at written date. For instance, today is . 1, but you actually write. 06, 2009 · Putting a date on e check later an e date e check is written, ie., writing it on 8/6 but dating it for 8/, which means e check can not be cashed at e bank until 8/. Under e Uniform Commercial Code adopted in most states, a post-dated check is like a note or an IOU. it is a promise to pay, but if e person writing e check. 30, · Post-dated Cheques Cashed Early. Sometimes a post-dated cheque is deposited before e date on e cheque. Banks have processes in place to look for post-dated cheques and do eir best to make sure ey aren’t processed early. You can help in detecting post-dated cheques at are cashed early. 31, 20 · e date on e check is e date it is written. Banks do not care about e date unless an expiration date is printed on e check. Usually business checks . Postdate definition, to date (a check, invoice, letter, document) wi a date later an e actual date. See more. A cheque at has an issue date in e future, a post-dated cheque, not be able to be presented until at date has passed. In some countries writing a post dated cheque simply be ignored or is illegal. Conversely, an antedated cheque has an issue date in e past. A cheque number was added and cheque books were issued so at cheque. Cheque definition at Dictionary.com, a free online dictionary wi pronunciation, synonyms and translation. Look it up now! Post dated check - definition of Post dated check. ADVFN's comprehensive investing glossary. Money word definitions on nearly any aspect of e ket. Stock ket dictionary. Postdate definition is - to date wi a date later an at of execution. How to use postdate in a sentence. ante-dated cheque meaning, definition, what is ante-dated cheque: a cheque on which you write a date at : Learn more. post-dated. adj. (Banking & Finance) (of a cheque) showing a date later an at when e cheque was actually written. Collins English Dictionary – Complete and Unabridged, 12 Edition HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, . Translations. Spanish / Español. Legally, banks can honor post dated checks at any time regardless of e date on e item. In fact, in some states, a check payee can claim damages if a bank refuses to pay a post dated check. Banks are sensitive about dates on checks due to stale dating and post dating laws. 15, 2009 · But normally it is post dated cheques at are more useful. ese ensure at e money can not be banked for before a specific date. For example if you are paying a debt by mon ly installments you can write cheques dated each mon in advance. No, e law has not changed – it is e way we pay at has changed. e habit of post-dating cheques goes back to when e only means of payment was by cheque or cash. i.e. before e advent of automated payments such as Direct Debits and standing orders. 28, · Exercise Backdating: A practice where option holders fraudulently claim to have exercised eir call options at a specific time in e past, where in reality, e options were exercised much later. 13, · Issue wi rental cheques paid up front. Q: Sir, I have released 7 post dated cheques for house renting on uary 12. uary 15 is e date of e 1st cheque which is valued 9k. But on uary 15, my bank froze my account because my company terminated me. at means e bank must wait to cash e payment until e date stated on e paper or until six mon s is up, whichever comes first. you might ink at postdating your check—writing. Bill C-48 is a post-dated blank cheque.: Le projet de loi C-48 est un chèque en blanc postdaté.: It is at best a post-dated cheque.: Il s'agit au mieux d'un chèque postdaté.: is is a post-dated personal check. Yes. C'est un chèque personnel post-daté.: is check is post-dated for next year.: Ce chèque est post-daté pour l'année prochaine.: Let us talk about is particular post. Cheques are considered stale-dated after six mon s, unless it is a certified cheque. A stale-dated cheque means at e item is old, and not necessarily invalid. Financial institutions still honour ese items, but ere is no obligation to do so. A stale-dated cheque simply means at e item is old, and not necessarily invalid. Financial institutions still honour ese items, but ere is no obligation to do so. Government of Canada cheques don't stale-date and your financial institution can confirm at ey are still valid. Post-dated. Ano er word for post-dated. Find more ways to say post-dated, along wi related words, antonyms and example phrases at esaurus.com, e world's most trusted free esaurus. 2 days ago · A perfect storm for stimulus negotiations? 3 ings at could hurry or halt a post-election bill. e conflict over America's next stimulus package could speed or delay e passage of a bill by. 1 day ago · Funding for a second stimulus check, extra weekly unemployment benefits for millions of Americans and aid for coronavirus testing all hang in e balance. And so does .