Can a Bank Cash a Post Dated Check?

Answer

Banks may cash a post dated cheque especially in case of payment of business transactions. If a supplier is willing to pay you with a post dated cheque, your bank may pay it or return it to you marked as ' post dated'.
Q&A Related to "Can a Bank Cash a Post Dated Check"
1. Present the check for payment. Under federal law, a bank can cash a post-dated check even if it is presented prior to the date written on the check. The bank is only liable if
http://www.ehow.com/how_10048319_collect-postdated...
debit to cash and credit to accounts receivables.
http://wiki.answers.com/Q/What_is_the_treatment_of...
The check is not payable until the date on the check. The writer of the check puts the date on the check to commit that they will have sufficient funds in the bank to cover the check
http://answers.yahoo.com/question/index?qid=201312...
You can not cash a post dated check until the date on the check because
http://www.chacha.com/question/why-is-it-illegal-t...
Explore this Topic
1. Present the check for payment. Under federal law, a bank can cash a post-dated check even if it is presented prior to the date written on the check. The bank ...
Banks can cash a check even before the date that is written on it. Because of this, it is important to make sure that the necessary funds are in the account before ...
Post dating a check is not considered illegal. It becomes an issue if a person pays with a post-dated check, but does not have the funds in the bank to cover the ...
About -  Privacy -  AskEraser  -  Careers -  Ask Blog -  Mobile -  Help -  Feedback © 2014 Ask.com