Is postdating a check illegal Granny german cam live

16-Jul-2016 20:16

02 when it is really 17 Dec 02 so therefore you are posting the date after the said date.I pre-date checks all the time and the bank won't cash them until the said date, but that is in TX. If your friend is correct, then it would also be illegal to pre-date a check which keeps someone from being able to cash it until that date.Post-dating a check is when you write the check on the 17th but date it for the 25th, so it can't be cashed for a week after it is written.But that might be hard to prove, and the amount involved—the bounced check fees—probably aren’t enough to sue over. If they weren’t, “pay day” lenders, and other crude forms of credit, couldn’t exist.Only “properly payable” checks are supposed to be cashed by banks.

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Unlike a normal check, a postdated check is not necessarily payable on demand.Lydia Rodriguez gave her landlord a postdated check to cover the monthly rent. But most banks pay little attention to the date when a customer presents a check.She assumed it would be at least four days - the date she wrote on the check - until the bank would cash it. "My bank cashed the check and then charged me [a] nonsufficient funds fee," the New York City woman explained. So, in practice, postdated checks are often cashed earlier than the check writers expect.The main reason the law lets banks cash post-dated checks is that it’s too hard to look at checks for their date.Processing 45,000,000 checks a day is tough enough, without looking at dates.

Unlike a normal check, a postdated check is not necessarily payable on demand.

Lydia Rodriguez gave her landlord a postdated check to cover the monthly rent. But most banks pay little attention to the date when a customer presents a check.

She assumed it would be at least four days - the date she wrote on the check - until the bank would cash it. "My bank cashed the check and then charged me [a] nonsufficient funds fee," the New York City woman explained. So, in practice, postdated checks are often cashed earlier than the check writers expect.

The main reason the law lets banks cash post-dated checks is that it’s too hard to look at checks for their date.

Processing 45,000,000 checks a day is tough enough, without looking at dates.

But just about anything with the right signature on it is properly payable, including post-dated and overdrawn checks.