Does post dating check mean

25-Jan-2020 09:28

According to Legal Match, certified checks are backed by financial institutions and may be processed at any time as they never go stale.Todd Duvall of Opposing Views adds that a bank worker who accepts a stale-dated check may not have noticed the date.To confirm payment, Raw Material Services, Inc's bank must request that a new check be issued or that a new payment date can be validly placed onto the existing checks.A check is generally considered stale dated if it was written more than six months prior to being presented to a bank or other financial institution.Ask them to put in writing why they want this to be carried out, and tell them that you are not prepared to comply with the request as it stands. Many states have laws addressing postdated checks and consequences for cashing a postdated check before the check’s date.Pursuant to the Uniform Commercial Code Act, the bank that Raw Material Service, Inc.elects to deposit the checks to can refuse to cash these checks and may return them to the issuing bank. can request that their bank reconfirm payment rather than returning the checks as unpaid.

Raw Material Services, Inc, neglected to deposit these checks at the bank.

June 21, 2010 Stale check is a check that is presented to be cashed or deposited at a bank six months or more after the date it was written.

The date when the check is presented to be cashed or deposited in a bank account is known as the payment date.

One of the problems that we are facing in the UK, is that Banks are not being a vigilant as they used to be and post-dated cheques are not picked up if they are being presented before the value date endorsed on the cheque.

At least if you are controlling the account by Standing Order (I know that in England that you can no longer recall a Standing Order that has already be remitted, whereas you used to).

Raw Material Services, Inc, neglected to deposit these checks at the bank.

June 21, 2010 Stale check is a check that is presented to be cashed or deposited at a bank six months or more after the date it was written.

The date when the check is presented to be cashed or deposited in a bank account is known as the payment date.

One of the problems that we are facing in the UK, is that Banks are not being a vigilant as they used to be and post-dated cheques are not picked up if they are being presented before the value date endorsed on the cheque.

At least if you are controlling the account by Standing Order (I know that in England that you can no longer recall a Standing Order that has already be remitted, whereas you used to).

At least you can stop the Standing Order immediately so no other payments are made, and the ones that may have been paid, and in fact not due, you can recover through your civil legal system.