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There are no specific rules on how banks deal with post-dated cheques if they are paid in before the due date.However, it’s likely that if your bank spots a post-dated cheque that you have written, it will return it with the reason given as “post-dated cheque”. that [the check-writer doesn’t have] sufficient funds on deposit . My mechanic dutifully waits until Monday to cash the check, but it still bounces.
People usually write PD checks when insufficient funds are available to cover the check on the date on which the payee needs it. may be occasioned more by differences among the statutes involved, than by differences of opinion as to the legal principles applicable”).The translations below need to be checked and inserted above into the appropriate translation tables, removing any numbers.Article 3-113 of the Uniform Commercial Code (UCC), which regulates sales and commercial transactions in all U. states, specifies that the date written on the "instrument" is what determines the date of payment, even if it the date on the check is later than the day when it is issued.Although legally a check is payable on demand, it is not payable before the date on the check.