Ask first: What’s more, a postdated check might not be an acceptable form of payment.
You’re allowed to to pay with a postdated check, and businesses are allowed to reject those payments because you haven’t really made a free-and-clear payment.
A postdated check offers the promise of controlling the uncontrollable: As time marches forward, you may wonder what the date on a check really does.
Whether you received a postdated check or you’re thinking of writing one, it’s important to know how they work — and that they often don’t work the way you might expect. People usually postdate checks when they want the recipient (the person or business receiving the payment, also known as the payee) to wait before depositing the check.
It’s also illegal to defraud somebody who sells you something by pretending to pay but never actually paying (or having the intention to do so).
Not a written agreement: Just because it's legal doesn't mean things will work out the way you intended: The date that you choose to use is not part of a legally binding agreement between you and the person you wrote the check to.
Maybe you’re looking for the love of your life, or maybe you’re just looking for a first date to get over your nerves.
Either way, these 5 tips will help you jump back into the saddle and learn how to date again.
If you got into your long term relationship back when people still lied about being signed up for an online dating website, then I have great news for you: online dating is no longer for desperate weirdos, and most of the population now dates online!
Since the banks will not disclose their costs, the programme commissioned a panel of two top business academics and a former senior executive with Nat West to come up with the figures.
They were asked to take account of all the expenses banks might face in dealing with customers' defaults and come up with the highest costs banks could justify.
It is unlawful for any person, firm, or corporation to draw, make, utter, issue, or deliver to another any check, draft, or other written order on any bank or depository, or to use a debit card, for the payment of money or its equivalent, knowing at the time of the drawing, making, uttering, issuing, or delivering such check or draft, or at the time of using such debit card, that the maker or drawer thereof has not sufficient funds on deposit in or credit with such bank or depository with which to pay the same on presentation; except that this section does not apply to any check when the payee or holder knows or has been expressly notified prior to the drawing or uttering of the check, or has reason to believe, that the drawer did not have on deposit or to the drawer’s credit with the drawee sufficient funds to ensure payment as aforesaid, nor does this section apply to any postdated check. It is unlawful for any person, firm, or corporation to obtain any services, goods, wares, or other things of value by means of a check, draft, or other written order upon any bank, person, firm, or corporation, knowing at the time of the making, drawing, uttering, issuing, or delivering of such check or draft that the maker thereof has not sufficient funds on deposit in or credit with such bank or depository with which to pay the same upon presentation.
A violation of the provisions of this subsection constitutes a misdemeanor of the first degree, punishable as provided in s. 775.083, unless the check, draft, debit card order, or other written order drawn, made, uttered, issued, or delivered is in the amount of 0, or its equivalent, or more and the payee or a subsequent holder thereof receives something of value therefor. However, no crime may be charged in respect to the giving of any such check or draft or other written order when the payee knows, has been expressly notified, or has reason to believe that the drawer did not have on deposit or to the drawer’s credit with the drawee sufficient funds to ensure payment thereof. As used in this section, the term “debit card” means a card, code, or other device, other than a check, draft, or similar paper instrument, by the use of which a person may order, instruct, or authorize a financial institution to debit a demand deposit, savings deposit, or other asset account.
A postdated check is a check with a future date written on it. Two potential reasons for this include: No fraud allowed: There’s no law making postdated checks illegal.