For postdating


09-Apr-2020 21:34

Businesses may reject a postdated check as a form of payment.They can try to cash the check whenever they please.Most frequently, postdating a check is an effort to avoid fees.The writer is waiting for money to be deposited or for another check to clear before the payee will be able to cash without overdrawing the writer’s account.If a check is cashed prior to the postdate, and funds are not available, be prepared for a headache and additional fees.

for postdating-69

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Instead of writing today’s date on the check, you write in a future date.

Unfortunately, this is not always honored by banks or the organization cashing the check.



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