Post dating cheques uk

The lies in the banker paying a post-dated cheque and subsequently dishonouring another cheque which ought to have been paid but had to be returned due to lack of funds.

post dating cheques uk-22

This is to avoid any incidence of returned cheque due to insufficient funds and the resulting penalty charges.

It causes inconvenience to all parties - drawer, drawee and payee.

When satisfied, kindly click the Green ACCEPT button.

It is not an offence under UK law to post date a cheque.

Gnerally client gives this kind of cheque for some kind of gurantee and assurity.

Find out if the check was intentionally postdated, momo hook and figure out a solution. Whether a post-dated cheque may be cashed or deposited before the date written on it depends on the country.

If you provide instructions to your bank and they pay funds from your account, your bank should be required to cover any overdraft charges that result, and you may have further recourse against your bank for other expenses you face.

If you have the option, it is best to avoid writing postdated checks.

I have been asked for cheques to cover rent for a property I take tenancy from in June 2011.

Post dated cheques have been requested by quarterly instalments to cover the entire years rent. If you've any queries once you've read my answer do ask.

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.

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