Post dating a cheque
The only way to guarantee they’ll actually work is to pay extra fees to your bank.
If you’re unwilling or unable to pay your bank to monitor your account, you’re at the mercy of whoever you give the check to.
That said, if you agreed to wait, cashing the check prematurely might be considered in violation of an oral agreement and illegal in some jurisdictions.
It’s wise to communicate first with whoever wrote the check—there’s probably a reason it’s postdated.
If the account does not have sufficient funds, the check might bounce, and you might have to pay insufficient funds or overdraft fees to your bank.
You can try to get those fees reimbursed by the check writer, but collecting from somebody who’s already low on funds can be time-consuming and expensive (possibly requiring you to take legal action). at least) typically pay on postdated checks unless the checking account owner specifically instructed them not to beforehand.
The bearer cheque is payable to the person specified therein or to any other else who presents it to the bank for payment.A cross cheque means, the cheque can be deposited in account only, while an open cheque means, the the bearer can withdraw cash.Cross cheque means cheque amount only paid to bank account open cheque cash withdrawal by parties To xxxxxxxx Sub: Misplaced of Cheque and issue a new cheque Dear Sir, I Received the Cheque which Issued by You on the name of " XXXXXXXXXXXXXX" the cheque Details as Below : Cheque No : XXXXXX Cheque Amt : X, XX, XXX/- Cheque Dated On : XX. XXXX Drawn on : SBI Bank the cheque was misplaced by ME. Fw-300 .qstn-title #ya-trending-questions-show-more, #ya-related-questions-show-more #ya-trending-questions-more, #ya-related-questions-more /* DMROS */ .It means, issuing a cheque that has a date that is past today's date.