Post dating cheques uk

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.If the account does not have sufficient funds, the check might bounce, and you might have to pay insufficient funds or overdraft fees to your bank.You can try to get those fees reimbursed by the check writer, but collecting from somebody who’s already low on funds can be time-consuming and expensive (possibly requiring you to take legal action). at least) typically pay on postdated checks unless the checking account owner specifically instructed them not to beforehand.

Banks will usually reject cheques that are more than six months old, however it's at their discretion.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.Therefore, the practice of issuing or accepting a post-dated cheque is not encouraged.The only way to guarantee they’ll actually work is to pay extra fees to your bank.If you’re unwilling or unable to pay your bank to monitor your account, you’re at the mercy of whoever you give the check to.

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