Postdating cheques online dating isle man
This process can take a few days but, for most cheques, the bank makes the funds available to the customer right away.However, it isn’t until your bank gets confirmation from the cheque-writer’s bank that it knows for sure that the funds are available. Act to bind Crown PART II-CHEQUES Division 1-Form 10. (2) Where more than one sum is expressed to be payable in an instrument containing an order to pay, the lesser or least, as the case may be, of the sums so expressed to be payable shall be taken to be the only sum ordered to be paid by the instrument.
For instance, if you write a check on June 1 but date the check June 25, you are postdating the check.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.It is illegal to write a check when you know you don’t have the funds to cover it, but things get a little fuzzy – and details depend on state law – when you postdate a check (assuming it is accepted as payment).However, keep in mind that it is illegal to intentionally write a bad check; if you’re postdating it with the intention of canceling it before the date, or if you know for certain that you won’t have the funds, you could run into legal trouble.The laws differ from state to state, but the short answer is yes.